Which of the following statements regarding riders on insurance policies are correct?

1.A policy holder who is concerned with inflation should consider a cost of living rider so that the face value of the policy gets increased periodically

2.A waiver of premium can be valuable should an individual experience a prolonged loss of income

3.The accidental death rider allows for a lower premium cost on the policy

4.Riders are applicable to both permanent and term insurance policies

	1 and 2
	1 and 4
	2 and 3
	3 and 4