What age must a beneficiary be to receive policy proceeds without issue?

The correct answer is based on the age of majority laws, which vary by state but typically recognize 18 as the age at which an individual is considered an adult for legal purposes. This means that a beneficiary who is 18 can legally receive policy proceeds without requiring supervision or consent from a guardian. In some states, the age may extend to 21 due to specific local laws or regulations governing contracts and benefits.

Therefore, option A captures the essence of this legal framework, recognizing that most states set the threshold at either 18 or 21 years of age, allowing beneficiaries at these ages to claim their benefits without complications. This understanding is crucial for anyone involved in life insurance, as it informs the handling of policy proceeds and ensures that beneficiaries can access their rightful claims without potential delays or legal hurdles tied to age restrictions.