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What happens when a child becomes an adult?

April 26, 2017Adult child happens

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What happens when a child becomes an adult?

1 Answer

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This is permanent life insurance, which your child or grandchild can keep for life as long as premiums are paid and there were no material misrepresentations on your original application. At age 21, the child will become the owner of the policy and will be responsible for paying premiums.