Which rider would pay a monthly amount because of total and permanent disability?

Which rider would pay a monthly amount because of total and permanent disability?

• A. Disability Waiver Rider
• B. Waiver of Premium Rider
• C. Disability Income Rider
• D. Accelerated Benefit Rider

Answer: (C)

The monthly income in the event of total and permanent disability is provided by the Disability Income Rider. This rider pays a fixed monthly benefit to replace lost earnings while the insured is totally disabled, continuing for a defined period or as long as the disability lasts, depending on the policy terms. It’s specifically designed to deliver ongoing cash flow, not to handle premium payments or to accelerate a death benefit. In contrast, premium waiver riders stop premium payments during disability but do not provide a monthly cash income, and an Accelerated Benefit Rider allows an early, typically lump-sum payout of the death benefit for qualifying illnesses, not ongoing monthly disability income.

The monthly income in the event of total and permanent disability is provided by the Disability Income Rider. This rider pays a fixed monthly benefit to replace lost earnings while the insured is totally disabled, continuing for a defined period or as long as the disability lasts, depending on the policy terms. It’s specifically designed to deliver ongoing cash flow, not to handle premium payments or to accelerate a death benefit.

In contrast, premium waiver riders stop premium payments during disability but do not provide a monthly cash income, and an Accelerated Benefit Rider allows an early, typically lump-sum payout of the death benefit for qualifying illnesses, not ongoing monthly disability income.