Do twenty year juvenile life insurance policies issued in 1954 have any current value?
A good chance the is “Yes”. Call the insurance company which issued the policy or the succeeding insurer/owner if the original issuing company no longer exists. My family used two policies like this for an elderly aunt of ours to pay her final funeral expenses when she passed away a few years ago. They were 20 year policies taken out on her by her father fifty years ago. The 20 year premium paying period was obviously long since over. The cash value of them continued to grow with interest and the death benefit remained in effect. The death benefit paid out at her death and the cash value account paid out also.