What is the advantage of adding a children's term rider to a life policy?

• A. Increases cash value
• B. Provides accidental death only
• C. Reduces premiums
• D. Can be converted to permanent coverage without evidence or insurability

Answer: (D)

The main idea here is the conversion option that comes with a children's term rider. This rider adds temporary life protection on the insured child, and its biggest advantage is the ability to convert that term coverage to a permanent policy for the child without having to prove insurability. In practical terms, you can lock in the child’s insurability while their health is good, then later obtain permanent protection—such as whole life or universal life—without any medical exam or new underwriting. This can provide lifelong coverage with potential cash value, even if the child’s health has changed by the time you convert. The rider itself typically has limited face amount and a set conversion window, but the core benefit is preserving the option to switch to permanent coverage without evidence of insurability. The other choices don’t capture that benefit: term riders don’t inherently increase cash value, they aren’t limited to accidental death, and adding a rider doesn’t usually reduce premiums.