15. An insured has a $100,000 policy with an accidental death benefit rider. If he dies on his way to work due to a heart attack, what will the insurer pay?
Answer: A
The insurer will pay $100,000.
In the case of the insured's death from a heart attack while on the way to work, the insurer will pay the face value of the policy, which is $100,000. The accidental death benefit rider would not apply, as the cause of death was not an accident.
A) $100,000
This option is correct because the insured's death was due to a heart attack, which is considered a natural cause rather than an accident. Therefore, the insurer will only pay the base amount of the policy, which is $100,000.
B) $150,000
This option is incorrect because the payment of $150,000 would imply that the accidental death benefit rider applies, which it does not in this situation. The cause of death was not accidental, thus the insurer does not pay an additional benefit.
C) $200,000
This option is also incorrect. A payment of $200,000 would suggest that both the base policy and an accidental death benefit are applicable. However, since the death was not due to an accident, only the base coverage of $100,000 applies.
D) $250,000
This option is incorrect as well. A payment of $250,000 would imply the inclusion of the base policy amount and multiple additional benefits. Given that the heart attack does not qualify for any additional accidental death benefits, the payout will remain at the policy's face value of $100,000.
Conclusion
The correct answer is $100,000, as the cause of death was a heart attack, which does not trigger the accidental death benefit rider. All other options incorrectly assume that the death was accidental or include additional payouts that are not applicable in this scenario. Thus, only the base policy amount is applicable in this case.