CARD Q048
Which rider permits additional coverage on the same insured at specified opportunities without new evidence of insurability?
- Other-insured rider
- Waiver of premium rider
- Guaranteed insurability rider
- Accidental death rider
Guaranteed insurability rider
Guaranteed insurability allows eligible increases under its terms. It does not mean adding any new insured person without underwriting.
Why each choice is right or wrong
A. Other-insured rider
Incorrect. An other-insured rider covers an additional person.
B. Waiver of premium rider
Incorrect. Waiver of premium addresses qualifying premium payments during disability.
C. Guaranteed insurability rider
Correct. Guaranteed insurability allows eligible increases under its terms. It does not mean adding any new insured person without underwriting.
D. Accidental death rider
Incorrect. Accidental death adds a benefit for a qualifying accident rather than future purchase opportunities.
Review the related terms
Use these lessons to revisit the concepts and try additional practice questions.