If your question supposes that you purchased life insurance for the child before he/she reached 18, you are free to continue it or not. It may well be a good idea to continue it because a medical condition may develop later in life that makes it hard or impossible for the child to later get life insurance. Naturally, you can reach an agreement with the child that he/she take over the payment of the premiums.
Do you have a child that is going away to college or is currently a student at a university? If so, your child may no longer be covered under your health insurance policy. Check with your provider when your child turns 18 to see if your child is still covered under your health insurance plan, as many health care providers consider the age of 18 as an adult. If you need to purchase health care coverage for your child, ask the college if they offer student health insurance. Most colleges offer insurance to students at a very reasonable rate.
I was looking for a CT company with the Policy # PACT. It turns out the insurance company is Esurance - not to be confused with ensurance. The last two letters are the abbreviation for the state.
No one. Each child will be able to collect their share of the money when they are 18. The money for the minor child will be kept by the insurance company until the minor turns 18. This is why it is not a good idea to name minors as beneficiaries of life insurance policies if the money would be necessary for the upbringing of the child. Either name an adult that you trust or create a life insurance trust to be named as the beneficiary.
Endowment means lump sum payout. An "Endowment at 65" policy means that the total death benefit of the policy (minus any loans and interest) will be paid to the owner of the policy when the insured turns 65. *Owner of the policy may or may not be the isured OR beneficiary.
Only with a modified order. Texas law does not provide for it. See link.
The parent can continue to receive food stamps. If the child is still living in the parent's home, the two of them can continue to receive food stamps together as one household.
If it is arrears of support then there is no limitation of time if you owed it you must pay. However going forward child support stops when the child becomes an adult.
Look at your child support agreement. Or contact DHR to regain a copy.
That depends on the specific situation. If the child is still on the parent's insurance, the parents will be responsible. But once they are on their own, it is their issue.
If there is a standing court order for repayment of arrearages, it will continue to be in affect until the monies owed are paid, regardless if the child has reached the age of majority.
no
You are obligated to support your child from the day he was born until he turns 18.