96. Which of the following provides a death benefit if the spouse of the insured dies?
Answer: D
Family Term insurance rider provides a death benefit if the spouse of the insured dies.
The Family Term insurance rider offers additional coverage specifically designed to provide a death benefit in the event that the spouse of the insured passes away. This type of rider enhances the main life insurance policy by extending coverage to family members.
A) Long-term care insurance rider
The Long-term care insurance rider is not designed to provide a death benefit; instead, it offers coverage for long-term care services like nursing home care or in-home assistance. Therefore, it does not fulfill the requirement of providing a death benefit upon the spouse's death.
B) Guaranteed insurability rider
The Guaranteed insurability rider allows the insured to purchase additional coverage at specified times without needing to prove insurability. While it provides an option for increasing coverage, it does not provide a death benefit directly upon the spouse's death.
C) Accelerated death benefit rider
The Accelerated death benefit rider allows the insured to access a portion of the death benefit while still alive, typically in the case of terminal illness. However, it does not provide a separate death benefit to the spouse upon their death, which is the focus of the question.
D) Family Term insurance rider
The Family Term insurance rider specifically addresses the situation where a death benefit is needed if the spouse of the insured dies. This rider ensures that additional coverage is in place for family members, thereby meeting the requirements of the question.
Conclusion
The Family Term insurance rider is the only option that directly provides a death benefit in the event of the spouse's death. All other options focus on different aspects of insurance coverage and do not address the need for a death benefit for a spouse, making them incorrect in this context.