Attained Age

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Insured’s age at a particular point in time. For example, many term life insurance policies allow an insured to convert to permanent insurance without a physical examination at the insured’s then attained age. Upon conversion, the premium usually rises sub- stantially to reflect the insured’s age and diminished life expectancy.
Since later in life rates become prohibitive, many insureds do not make an attained age conversion.
See also original age.

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Adult (business term)
Legend (Quotes About)
Graded Vesting (insurance term)
Conversion Privilege (insurance term)