Question

What is the purpose of the total permanent disability benefit rider (TPD)?

a.

To waive the premium payments in case of accidental death

b.

To provide an additional sum assured in case of total permanent disability

c.

To provide a lump-sum payment upon diagnosis of a critical illness

d.

To provide an additional sum assured in case of death

Posted under IC22 Life Insurance Underwriting

Answer: (b).To provide an additional sum assured in case of total permanent disability Explanation:The total permanent disability benefit rider (TPD) is designed to provide an additional sum assured in case of total permanent disability.

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Q. What is the purpose of the total permanent disability benefit rider (TPD)?
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