Answer:
jumping juvenile policy
Explanation:
Based on the information provided within the question it can be said that the type of policy that is being mentioned is known as a jumping juvenile policy. Like mentioned in the question this is a life insurance policy that is bough by a parent but is meant for a child, and the main difference in this policy is that it's value increases by 5 times its original value when the child reaches 21 years of age, even though the premium stays the same.
Parents normally make the peers appear nicer than they normally are.
If it is the American Revolution, they could have prevented all of it by giving the colonists that settled there a voice in Parliament,
