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Life Insurance

?

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

waiver of the cost of insurance
conditions for payment
payor benefit
waiver of premium

Correct - Your answer is correct.

Wrong - Your answer is wrong.

Detailed Answer

Correct answer: (C)
payor benefit- waives the premium of the owner when the owner becomes disable and is a person other than the insured

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