What happens to a life insurance policy if the insured reaches the maximum age stated in their group term plan?

When a life insurance policy reaches the maximum age stated in a group term plan, the policy is typically voided immediately. Group term life insurance provides coverage for a specified term, and it's common for these policies to have an upper age limit for coverage. Once the insured individual reaches this maximum age, they no longer qualify for coverage under that particular policy, resulting in the termination of the policy.

This termination is not contingent on any renewal dates or other factors like the payment of premiums; it is a straightforward conclusion dictated by the terms set forth in the policy agreement. The other options suggest scenarios that would violate the conditions of the initial policy agreement regarding age limits and coverage continuity, emphasizing that the group's insurer has no obligation to continue benefits once the insured surpasses the designated age limit.