Mildred was diagnosed with terminal cancer and knows that she doesn't have long to live. Which of the following riders would all

Question

2 years ago

12

Mildred was diagnosed with terminal cancer and knows that she doesn't have long to live. Which of the following riders would all

ow her to receive cash now? Multiple Choice a) Waiver of premium disability benefit b) Accidental death benefit c) Cost-of-living protection d) Accelerated benefits e) Guaranteed insurability option.

Health

1 answer:

tigry1 [53] · Answer 1 · 2022-06-16T19:44:29+03:00

Answer:d) Accelerated benefits

Explanation:

The accelerated benefits are also called as living benefits. These are the life insurance policies that are proceeds to pay money to the policyholders before they die. The benefits are provided by the policies by themselves but more are added by the riders or new policies.

According to the given situation, accelerated benefits is the correct option. Mildred will receive the cash through accelerated benefits which can be used for the treatment of terminal cancer also she has less time to live.