Question 13005 of 303 · California Life-Only Agent Exam

An accelerated death benefit rider allows the insured to

Exactly one answer is correct.

Areceive the death benefit tax free in all cases, even if unrelated to illness
Bincrease the death benefit after a qualifying diagnosis
Creceive part of the death benefit while living if a qualifying condition occurs
Dstop paying premiums permanently after any diagnosis

Show solution

Correct answer to question 13005

C: receive part of the death benefit while living if a qualifying condition occurs

Explanation

Common qualifying events are terminal illness, chronic illness, or critical illness. The remaining benefit is paid at death.