Which of the following riders provides for a waiver of premium when the policyowner and the insured are NOT the same person?

Social Studies

1 answer:

Tresset [83]3 years ago

7 0

Answer:

The Payor Benefit is the rider that provides for a waiver of premium when the policy owner and the insured person are not the same person.

Explanation:

When the owner of the policy becomes disabled, the policy provider offers the policy owner the Payor Benefit. The Payor Benefit is a rider that allows the policy owner to have the concession of waived premium for he had chosen to ensure someone else through the policy provider.
This benefit comes as a goodwill gesture done by the policy provider to help the policy owner in the time of crisis.

You might be interested in

How do you see psychology as a relevant tool in your particular career field?

kogti [31]

It depends on what career you take on. Psychology is relevant when you're working with people. Since Psychology is a study of the brain and how it works, you can benefit from knowing how certain people think. In marketing, you can better sell your product if you know how the client is thinking. If you go into the medical field, you can know how to explain certain procedures by knowing how your patient is working. So psychology can beneficial in any and all fields of practice.

4 0

3 years ago

While part of a multicultural work group Fatima who is Arab feels teammate Jarrod who is American is too blunt when expressing h

Julli [10]

Answer:

High versus low context

Explanation:

High context refers to societies or groups where people have close connections over a long period of time. Many aspects of cultural behavior are not made explicit because most members know what to do and what to think from years of interaction with each other. Your family is probably an example of a high context environment.

Low context refers to societies where people tend to have many connections but of shorter duration or for some specific reason. In these societies, cultural behavior and beliefs may need to be spelled out explicitly so that those coming into the cultural environment know how to behave.

8 0

3 years ago

During the ratification debate, Anti Federalists such as James Madison favored a stronger national government while Federalists

77julia77 [94]

Answer:

False.

Explanation:

The Anti-Federalists were afraid of a too powerful central government and refused to endorse the 1787 Constitution. They preferred a looser confederation like the one created by the Articles of Confederation. On the other side, the Federalists proposed and believed in a strong federal government. James Madison was a Federalist and one of the authors of the Federalist Papers.

5 0

3 years ago

What are some culture differences between Mexico and the U.S

Amanda [17]

Answer:

heejrjrjrjfkfjrjrjrjrjrjriri

4 0

3 years ago

The youngest child of a single parent is hospitalized for the second time in four months because of lead poisoning. the child is

slava [35]

The parents want to move but are unable to afford living arrangements that will also allow four children. After reporting the situation to child welfare authorities the social worker should:

refer the parent to a resource that can help locate suitable housing

The sentences above shows that the answer fits perfectly.

thus, the answer is:

refer the parent to a resource that can help locate suitable housing

4 0

3 years ago