Insurance MCQLife Insurance policy ProvisionsA father own a life insurance policy on his 15-year-old daughter. The policy includes the optional Payor advantage rider. If the father becomes disabled, what will happen to the life insurance money premiums


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A father own a life insurance plan on his 15-year-old daughter. The policy includes the optional Payor benefit rider. If the father becomes disabled, what will occur to the life insurance allowance premiums
Life Insurance policy Provisions
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A father owns a life insurance policy on his 15-year-old daughter. The policy has the optional Payor advantage rider. If the father becomes disabled, what will occur to the life insurance allowance premiums

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

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

C) due to the fact that 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 finish of this period the father is quiet disabled, the insured will certainly be refunded the premiums


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