Question

What type of rider would be added to an Accident and Health policy if the policyowner wants to ensure the policy will continue if he/she ever becomes totally disabled?

A. Accidental Death Benefit Rider.
B. Guaranteed Renewability Rider.
C. Waiver of Premium Rider.
D. Hospital Confinement Indemnity Rider.

Answer 1

The Waiver of Premium Rider would be added to an Accident and Health policy if the policyowner wants to ensure the policy will continue if they ever become totally disabled.

Step-by-step explanation:

If a policyowner wants to ensure that their insurance policy will continue if they ever become totally disabled, they would add the Waiver of Premium Rider to their Accident and Health policy. The Waiver of Premium Rider allows the policyowner to stop paying premiums if they become totally disabled, while still maintaining the coverage provided by the policy. This rider helps ensure that the policy remains in force during periods of disability.