Best Answer: If you take it literally, it means the life insurance is paid up and you don't have to pay any more premiums.But the insurance industry tend to twist the definitions. For example, a dividend is suppose to mean a company has made profits and share those profits to its shareholders as a dividend.est Answer: If you take it literally, it means the life insurance is paid up and you don't have to pay any more premiums.
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October 30, 2015. Itâs been a season of firsts for the Temple Owls football program. Philadelphiaâs only top-division college football team opened the season with a 27-10 victory over Penn State, its first victory over the Nittany Lions since 1941 and have rode that momentum to a 7-0 start.