43. 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 for the accidental death benefit rider in this case.
In this scenario, the insured has a $100,000 policy with an accidental death benefit rider, but his death was due to a heart attack, not an accident. Therefore, the insurer will pay the face amount of the policy, which is $100,000.
A) $100,000
This option is correct because the insured's death was caused by a heart attack, which is not classified as an accidental death. The insurer pays the standard policy amount in this situation, which is $100,000.
B) $150,000
This option is incorrect because the insured's death was not due to an accident. The additional amount associated with an accidental death benefit would not apply here, as the cause of death does not meet the criteria for an accidental claim.
C) $200,000
This option is incorrect since the insured's demise was due to a heart attack. The policy does not provide additional payment for accidental death in this case, so the $200,000 amount is not applicable.
D) $250,000
This option is also incorrect because the fatality was not the result of an accident. The insurer will not provide a payout that exceeds the original policy amount due to the nature of the death.
Conclusion
The correct answer is $100,000 because the death was caused by a heart attack, which does not trigger the accidental death benefit rider. All other options suggest amounts that would only be applicable in the case of an accidental death, which is not relevant here. Thus, they are incorrect based on the provided circumstances.