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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Temple University College of Education. Contact Information. Enrollment Management & Marketing in the College of Education, Undergraduate and Graduate Academic & Student Affairs, and the Office of Field Placement are located within the Shimada Resource Center on the first floor of Ritter Annex (across from Kiva Auditorium). Location.