What Is Attained Age In Life Insurance?

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   Jerry Vanderzanden, CLU, ChFC

   Co-Founder, Coastal Financial Partners Group, California

   We have wonderful jargon in our profession! Attained age is used in the context of a life insurance policy that has already been issued and simply refers to the age the insured is now as opposed to the age of the insured when the policy was issued. Life insurance rates are, among other things, age-based. Thus, terms were developed over time to describe age in a life insurance contract in a variety of contexts.

   Answered on May 7, 2013

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