A 'jumping juvenile' policy is a form of juvenile life insurance in which the face amount:

Giải thích

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.