Insurance MCQLife Insurance policy ProvisionsA father own a life insurance plan on his 15-year-old daughter. The policy consists of the optional Payor benefit rider. If the dad becomes disabled, what will take place to the life insurance money premiums


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A father owns a life insurance policy on his 15-year-old daughter. The policy contains the optional Payor advantage rider. If the father becomes disabled, what will happen to the life insurance money premiums
Life Insurance policy Provisions
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A father owns a life insurance policy on his 15-year-old daughter. The policy contains the optional Payor benefit rider. If the dad becomes disabled, what will happen to the life insurance premiums

A) The insured"s premiums will certainly be waived until she is 21.

B) The premiums will come to be tax deductible till the insured"s 18th birthday.

C) because it is the policyowner, and not the insured, who has end up being disabled, the life insurance policy will no be affected.

D) The insured will have to pay premiums for 6 months. If at the end of this period the father is tho disabled, the insured will certainly be refunded the premiums


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