The percentage of people living to 100 or older is increasing each year and there’s much to celebrate about that. Especially as there is now research that shows that for those who live beyond their 90s, their last years of life tend to be healthier than was previously recognized. New research out of Berlin, published in the Journal of Gerontology, finds that those who have died at age 100 or older tend to have less disease and illness in their last years than those whose died in their 80s or 90s. Given the growing number of centenarians worldwide, that’s encouraging news. Read about this research Here. What’s less hopeful, however, is that centenarians with life insurance policies are now coming to realize that they have “outlived” their policies, and many of their insurance contracts are being cancelled upon their 100th birthday. While policies written today often use a standard maturity date and age of 120, those written earlier never anticipated the growth of centenarians and these very late-in-age payouts. Therefore, if you or a loved one is counting on a life insurance payout beyond age 100, best to check out the fine print of your policy. Read more about this limit on life insurance payouts in this Wall Street Journal article Here (paywall).