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Yes, if the policy goes into the child's name, they can claim it as soon as they reach the age of majority for the state they live in (usually between 16 an 18). However, often times the policy would go into someone elses name (guardian, grandparent, godparent as set up by the parent) and then they would be the only person who could access the cash/surrender value.

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Q: If a parent has a policy on a child and the parent diescan the child claim the cash surrender value of the policy?
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