Life Insurance Riders Quiz

Property Rider is not a type of life insurance rider.

Accelerated Death Benefit Rider allows the insured to receive a portion of the death benefit while alive if diagnosed with a terminal illness.

Term Rider typically provides temporary coverage for a specified period in addition to the base life insurance coverage.

Disability Income Rider provides coverage in the event of total and permanent disability.

Waiver of Premium Rider allows the insurer to waive premium payments if the insured becomes disabled.

Disability Income Rider provides periodic payments to the insured if they become disabled and unable to work.

Return of Premium Rider offers a refund of a portion of the premiums paid if the insured outlives the policy term.

Guaranteed Insurability Rider allows the insured to purchase additional coverage at specified future dates without evidence of insurability.

Guaranteed Insurability Rider allows the insured to purchase additional coverage at specified future dates without evidence of insurability.

Critical Illness Rider provides coverage for expenses associated with a serious illness such as cancer or heart attack.

Cost of Living Rider adjusts the death benefit to keep pace with inflation.

Accelerated Death Benefit Rider allows the policyholder to accelerate a portion of the death benefit if diagnosed with a terminal illness.

Long-Term Care Rider allows the insurer to reimburse the insured for expenses incurred due to a chronic illness or disability.

Index-Linked Rider in a life insurance policy links the policy's cash value to the performance of a financial index.

Long-Term Care Rider provides coverage for expenses incurred due to a chronic illness or disability.