A 'jumping juvenile' policy is a form of juvenile life insurance in which the face amount:
Explanation
A jumping juvenile policy is issued on a child with a small face amount that automatically 'jumps' to a larger amount (commonly five times the original) at a specified age, such as twenty-one, with no increase in premium and no new evidence of insurability. It does not decrease with age, is not paid to a school, and is specifically designed for children rather than adults. The automatic step-up in coverage is the defining feature.
This topic, taught in full in the California Life & Health Insurance Producer Exam guide. California Life & Health Insurance Producer Exam — Complete Study Guide (2026) — PDF + EPUB, $19.99 · 14-day refund →
Practice all 716 questions free — no signup required.
Own the complete California Life & Health Insurance Producer Exam guide — PDF + EPUB, $19.99 →
Related questions on this topic
- Single-premium whole life insurance is funded by:
- An adjustable life policy is distinctive because it allows the policyowner to:
- Current assumption (interest-sensitive) whole life differs from traditional whole life mainly in that its:
- Credit life insurance is generally structured as:
- Return-of-premium (ROP) term insurance is distinguished from ordinary term because it:
- Which form of term insurance keeps both the premium and the death benefit constant for the entire term?
Last reviewed: · editorial process