All of the following are reasons for group insurance termination for dependents EXCEPT?

The rationale behind identifying the option regarding a dependent reaching age 21 as the exception is rooted in the specific definitions and eligibility criteria that insurance policies outline for dependents. Typically, dependents can be covered under a group insurance policy until they reach a certain age, which may vary depending on the policy or state regulations. In many cases, dependents may remain covered up until age 26 in accordance with the Affordable Care Act, which expanded coverage options for young adults.

In contrast, the other provided scenarios are standard reasons for insurance termination. For instance, once the employee's premium payments cease, or if the maximum benefit for major medical insurance is exhausted, the dependent's coverage will end. Similarly, if a dependent no longer fits the definition of a dependent – such as changing marital status or no longer being financially reliant on the employee – the coverage can be terminated. Understanding these distinctions is crucial for navigating group insurance policies effectively.