Question
a.
Additional benefits added to the main policy
b.
Benefits payable upon policy surrender
c.
Benefits payable at the end of the policy term
d.
Benefits payable in case of discontinuance of the policy
Posted under IC 92 Actuarial Aspects of Product Development
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. What are rider benefits in insurance?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What is the revival of a policy?
View solution
Q. What is the revival period?
View solution
Q. What are single premium products?
View solution
Q. What is the Sum Assured on death?
View solution
Q. What is Sum Assured on maturity?
View solution
Q. What does surrender mean?
View solution
Q. What is Surrender Value?
View solution
Q. What are switches in insurance?
View solution
Q. What are Non-linked or linked Whole Life products?
View solution
Q. What is a top-up premium?
View solution
Q. What do units represent in a unit-linked fund?
View solution
Q. How is an accident defined in insurance?
View solution
Q. What does accident benefit provide for?
View solution
Q. What do age limits stipulate in insurance?
View solution
Q. What is the role of an insurance agent?
View solution
Q. What do annuity plans provide for?
View solution
Q. What is the purpose of an application form in insurance?
View solution
Q. What does assignment mean in insurance?
View solution
Q. Who is a beneficiary in the context of an insurance policy?
View solution
Q. What does business insurance primarily provide coverage for?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC 92 Actuarial Aspects of Product Development? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!
