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Reply to "Life insurance for adult child -- is this common?"
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[quote=Anonymous]Agree, they probably aren't very financially savvy. But they may have thought: to get him insured at a young age, this guards against pre-existing conditions that might keep him (or anyone) from qualifying for life insurance in the future. A beneficiary can easily be changed - I'm sure they knew that. They probably knew no one else, logically, to make as a beneficiary when the policy was written. They probably wouldn't have minded in the least for the beneficiary to be you now that you are married.[/quote]
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