In juvenile life insurance with a Payor Benefit rider, who is typically protected by the rider?

• A. The Payor (parent or guardian)
• B. The insured child
• C. The beneficiary
• D. The policy owner

Answer: (A)

The Payor Benefit rider is built to protect the person who pays the premiums—usually a parent or guardian. If that payor dies or becomes disabled, the rider steps in to have premiums paid or waived, so the juvenile policy doesn’t lapse and the child’s coverage stays in force until they reach the specified age. This keeps the policy intact for the child even when the payer’s ability to pay is lost, which is why the rider is described as protecting the payor. The rider’s effect on the insured or beneficiary is secondary—the core purpose is to shield the payer from premium-related risk and prevent policy lapse.