Which rider provides a disability benefit in the form of a monthly income rather than just waiving the premium?

Which rider provides a disability benefit in the form of a monthly income rather than just waiving the premium?

• A. Waiver of premium rider
• B. Disability income
• C. Riders covering additional insured
• D. Accidental death rider

Answer: (B)

Disability protection that actually pays out on a regular basis is designed to replace the insured’s lost income during a period of total disability. A disability income rider provides a monthly cash benefit to help cover living expenses while the person is unable to work. It’s focused on income replacement, not just keeping the policy in force. In contrast, a waiver of premium rider stops future premium payments during a period of disability, but it does not create a separate income stream for daily living expenses. The policy remains active, and no ongoing monthly benefit is paid to the insured. The other riders mentioned don’t fit this scenario: an accidental death rider pays only if death results from an accident, and riders covering additional insureds extend coverage to others. Therefore, the rider that best matches a monthly disability income is the disability income rider.

Disability protection that actually pays out on a regular basis is designed to replace the insured’s lost income during a period of total disability. A disability income rider provides a monthly cash benefit to help cover living expenses while the person is unable to work. It’s focused on income replacement, not just keeping the policy in force.

In contrast, a waiver of premium rider stops future premium payments during a period of disability, but it does not create a separate income stream for daily living expenses. The policy remains active, and no ongoing monthly benefit is paid to the insured.

The other riders mentioned don’t fit this scenario: an accidental death rider pays only if death results from an accident, and riders covering additional insureds extend coverage to others. Therefore, the rider that best matches a monthly disability income is the disability income rider.