All of the following are true regarding the guaranteed insurability rider except

A. The insured may purchase additional insurance up to the amount specified in the base policy

B. It allows the insured to purchase additional amounts of insurance without proving insurability only at dates or events

C. This Rider is available to all insured's with no additional premium

D. The insured may purchase additional coverage at the attained age

Question

Reagan Coleman

Business

1 July, 04:47

All of the following are true regarding the guaranteed insurability rider except

A. The insured may purchase additional insurance up to the amount specified in the base policy

B. It allows the insured to purchase additional amounts of insurance without proving insurability only at dates or events

C. This Rider is available to all insured's with no additional premium

D. The insured may purchase additional coverage at the attained age

+5

Answers (1)

Know the Answer?

Aden Reyes · Answer 1

Option (C)

Explanation:

Guaranteed insurability rider is a person who is responsible to sell extra life insurances to the owners who already have life insurance. They visit the clients and attract them to buy a new one. Similarity, the rider usually charge premiums, but if an owner of life insurance is ill or seriously injured only then no additional premium is charged.