Tom has a rider on his disability income policy that guarantees the right to increase his benefits without a medical exam. What kind of rider is this?

• A. Cost of Living Rider
• B. Disability Benefit Rider
• C. Guaranteed Insurability Rider
• D. Accidental Death Rider

Answer: (C)

The idea being tested is the option to increase disability protection without showing evidence of insurability. A Guaranteed Insurability Rider provides exactly that: the insured can purchase additional disability income coverage at specific times or events (like after a raise or reaching certain ages) without having to undergo a medical exam. This helps keep protection aligned with rising earnings or changing needs, while the new coverage is issued based on age at purchase rather than health.

Other riders work differently. A Cost of Living Rider adjusts benefits to keep up with inflation, but it doesn’t inherently grant new coverage without underwriting. A Disability Benefit Rider generally adds extra monthly benefits, not the right to buy more coverage without a medical exam. An Accidental Death Rider adds a death benefit if death results from an accident.