Which rider allows purchasing additional insurance at specific dates or events without evidence of insurability?

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

Answer: (C)

The feature being tested is the guaranteed insurability rider. This rider gives the insured the option to buy additional life insurance at specified dates or life events (such as marriage, the birth of a child, or at regular option dates) without having to prove insurability. In other words, no medical questions or underwriting are required when exercising the option to increase coverage. The new coverage is issued based on the insured’s attained age at the time of exercise, and the premium for the added amount reflects that age.

This is what sets it apart from the other riders. A term rider adds temporary or additional term coverage but does not inherently guarantee future increases without underwriting. A disability rider focuses on waiving premiums or providing disability income rather than enabling new coverage purchases. An accidental death rider pays an extra benefit only if death results from an accident, and it does not relate to purchasing more insurance.