Question 2003 of 287 · Texas Life, Accident and Health Agent Exam
A payor benefit rider is most often attached to a policy on
Exactly one answer is correct.
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Correct answer to question 2003
- C: a child, to waive premiums if the premium payer dies or becomes disabled
Explanation
The payor is the adult paying premiums on a juvenile policy. If the payor dies or is disabled, the rider waives the premium until the child reaches a stated age.
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