South Carolina Life and Health Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

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Question: 1 / 400

What is the name of the rider in Barbara's insurance policy that allows her to purchase additional coverage without evidence of insurability?

Guaranteed acceptance rider

Guaranteed insurability rider

The guaranteed insurability rider is designed specifically to allow policyholders, like Barbara, to purchase additional life insurance coverage at specified intervals without the need to provide evidence of insurability. This means that she can increase her coverage even if her health status has changed since the original policy was issued. This feature is particularly valuable for individuals who may anticipate needing more coverage in the future due to changing life circumstances, such as marriage, the birth of a child, or other significant events.

This rider effectively helps ensure that a person's insurability is protected over time, eliminating the risk of being denied coverage due to health issues that may arise later in life. It provides peace of mind, knowing that additional coverage can be obtained easily at predetermined times.

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Waiver of premium rider

Conversion rider

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