Additional riders and benefits often can be added to a life insurance policy to provide greater protection
Question:
Additional riders and benefits often can be added to a life insurance policy to provide greater protection to the insured. Describe each of the following riders and options:
a. Waiver-of-premium provision
b. Guaranteed purchase option i
c. Double indemnity rider
d. Cost-of-living rider
e. Accelerated death benefits rider
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Principles Of Risk Management And Insurance
ISBN: 9780321414939
10th Edition
Authors: George E. Rejda
Question Posted: