A Children's Term Rider typically provides coverage until what age?

A Children's Term Rider is typically designed to provide life insurance coverage for dependent children of the insured policyholder. This rider is often included in a life insurance policy as a way to extend coverage to children at a minimal cost.

Generally, the coverage from a Children's Term Rider lasts until the child reaches the age of 21. This age limit allows for coverage during the formative years of a child’s life, including childhood and into early adulthood, when they may still be financially dependent on their parents or guardians. Once the child reaches the age limit specified in the rider, typically 21, the rider coverage may terminate, at which point the child may need to acquire their own insurance policy if they choose.

In many cases, policies will allow for conversion of the Children's Term Rider to a permanent policy without the need for additional medical underwriting, which is beneficial as it locks in the insurability of the child, regardless of their future health status. This rider facilitates both coverage and convenience for parents planning for their children's financial futures.