A rider that assures premiums will be paid on a juvenile policy until the child reaches a specific age is called

• A. Term rider
• B. Waiver of premium rider
• C. Payor rider
• D. Accidental death rider

Answer: (C)

A payor rider is a provision attached to a juvenile life policy that ensures premiums will be paid if the person paying them (usually a parent or guardian) dies or becomes disabled, keeping the policy in force until the child reaches a stated age. This matches the scenario described, where premium payments are guaranteed until the child attains a specific age. A term rider would add temporary coverage, not address premium payments. A waiver of premium rider waives premiums if the insured becomes disabled but affects the insured, not the payer’s ability to continue payments. An accidental death rider adds a death benefit if death results from an accident, not premium protection.