Which rider pays a multiple of the face amount if death is the result of an accident as defined in the policy?

Which rider pays a multiple of the face amount if death is the result of an accident as defined in the policy?

• A. Accidental death rider
• B. Disability income
• C. Waiver of premium rider
• D. Payor benefit

Answer: (A)

An accidental death rider is designed to provide an extra payout if the insured dies as a result of an accident, as defined in the policy. It pays a multiple of the policy’s face amount, such as 2x or 3x, in addition to the base death benefit. This means the death benefit can be significantly larger if the cause is an accident and occurs within the rider’s defined period. The other riders serve different purposes—disability income provides income during disability, waiver of premium waives premiums if disabled, and payor benefit covers premiums if the payor dies or becomes disabled—none of which provide an automatic multiple of the face amount for accidental death.

An accidental death rider is designed to provide an extra payout if the insured dies as a result of an accident, as defined in the policy. It pays a multiple of the policy’s face amount, such as 2x or 3x, in addition to the base death benefit. This means the death benefit can be significantly larger if the cause is an accident and occurs within the rider’s defined period. The other riders serve different purposes—disability income provides income during disability, waiver of premium waives premiums if disabled, and payor benefit covers premiums if the payor dies or becomes disabled—none of which provide an automatic multiple of the face amount for accidental death.