Maggie purchased a life insurance policy. She was concerned that if sh

Maggie purchased a life insurance policy. She was concerned that if she became disabled, she would no longer be able to pay the premiums.

Her agent added an amendment of the policy stating that if she became disabled, future premium payments would be waived. Such an amendment to a life insurance policy is called a(n)
A) binder.
B) rider.
C) warranty.
D) schedule.

 

 

ANSWER

Answer: B

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