What rider permits an individual to buy additional insurance as they age without proving insurability?

• A. Payor Rider
• B. Term rider
• C. Accidental death rider
• D. Guaranteed insurability rider

Answer: (D)

The idea being tested is the guaranteed insurability rider. This rider gives you the option to purchase additional life insurance in the future at specified ages or events without having to prove you are still insurable. You pay an extra premium to keep exercising this option, but you won’t have to undergo medical underwriting when you add the new coverage. It’s especially useful if you expect your coverage needs to grow or if your health could decline, since it preserves the ability to add on more protection later.

Other riders serve different purposes. A payor rider waives premiums if the payer dies or is disabled, not about adding coverage. A term rider simply provides additional term coverage and may still involve underwriting for the new amount. An accidental death rider pays extra only if death results from an accident, not about future insurability.