Oklahoma Life, Health & Accident-Riders

All of the following are true regarding the "double indemnity" rider available as a rider to a life insurance policy EXCEPT?
a. pays double the face amount of the policy
b. pays if death occurs within 90 days of the accident
c. pays if death is by accident or unexpected illness
d. does not pay if death is by suicide

Which of the following is true regarding the "premium waver" rider available as a ride to a life insurance policy?
a. waives premiums if the insured loses his/her job
b. waives premiums when the premium loan provision is exercised
c. waives premiums when the insured is totally disabled
d. waives premiums when the insured is partially disabled

All of the following are true regarding the waiver of premium rider EXCEPT?
a. disability must be total
b. disability must be partial
c. insurance company may require the disability to last up to six months before waiving the premiums
d. company is not allowed to deduct the waived premium from death benefit

A payor waiver benefit rider is used with what type of policy?
a. permanent life insurance policy
b. family protection policy
c. family income policy
d. juvenile insurance policy

Accidental death benefits would NOT be payable in which of the following circumstances?
a. death caused by airplane crash while flying for "Rocky Mountain Scareways"
b. death caused by auto accident while the insured's spouse was driving
c. death caused by lightning wile the insured was on the job
d. death cause by explosion while the insured was robbing a bank

Alicia has a whole life policy in the amount of $100,000 on her life with a guaranteed insurability rider.  With this rider she can purchase: 
a. additional $100,000 of life insurance at any time, without proof of insurability
b. additional $100,000 of life insurance at any time, with proof of insurability
c. additional $100,000 of life insurance at specified ages in the policy without proof of insurability
d. additional $100,000 of life insurance at specified ages in the policy, with proof of insurability

For an 18 year old high school graduate, what rider would be best to protect future insurance needs?
a. convertible term
b. guaranteed insurability rider
c. guaranteed accidental death rider
d. guaranteed

Which of the following injuries would typically be covered by the Accidental Death & Dismemberment policy?
a. injury received in plane crash on a commercial airliner
b. injury self inflicted
c. injury from explosion while on active duty during a war
d. injury sustained while robbing a financial institution

Jean's son Buck, age 5, is aspiring to be an astronaut.  Which rider would best provide to protect Buck's ability to buy more insurance when he enters NASA flight training?
a. accidental death
b. guaranteed insurability rider
c. increasing term rider
d. payor benefit rider

The benefits payable in a life insurance policy can be modified by:
a. rider
b. relaxation
c. renewal
d. revocation

When additional amounts of life insurance are purchased using a Guaranteed Insurability Rider, the additional policy premiums are based on:
a. original age
b. attained age
c. mortality tables
d. age stated in the policy

Under the Waiver of Premium Rider, before the premiums are waived, the insured must be disable for what period of time?
a. no time requirement
b. one month
c. three months
d. six months