Which rider allows the insured to increase benefits without a medical exam?

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

Answer: (D)

The key idea is a rider that lets you add more life insurance without needing a medical exam. The guaranteed insurability rider is designed exactly for this: at specific times or life events, you have the option to buy additional coverage without showing proof of good health. The premiums for any new coverage are based on your age at the time you exercise the option, so you can lock in more protection even if your health has declined since the original policy.

Other riders serve different purposes. A nonforfeiture rider protects you if you lapse or surrender the policy by providing a minimum benefit or cash value; a disability benefit rider waives premiums and may provide a benefit if you become disabled; a cost-of-living rider adjusts the death benefit to keep pace with inflation, but it isn’t primarily about obtaining new coverage without underwriting.