Question

What additional benefit can be included in a Term insurance policy through a rider?

a.

Premium waiver in case of disability

b.

Monthly income for the policyholder's lifetime

c.

Extended coverage beyond the policy term

d.

Increased sum assured in case of death

Posted under IC38 Life Insurance Agent Exam

Answer: (a).Premium waiver in case of disability Explanation:A rider in a Term insurance policy can provide a premium waiver in case of disability, ensuring that the policy remains in force even if the insured becomes disabled.

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Q. What additional benefit can be included in a Term insurance policy through a rider?
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