Question 25

Spouse term allows the wife of the insured to be added to the primary insured’s coverage.

The spouse term rider specifically enables the primary insured to add their spouse to their life insurance policy, providing coverage that extends to the wife.

A) Spouse term

This option is correct as the spouse term rider is designed explicitly to include the spouse of the insured party under the primary policy. It provides additional life insurance coverage for the spouse, ensuring that the family is financially protected in the event of the spouse's death.

B) Family income

The family income rider does not add the wife to the primary insured's coverage; rather, it provides a benefit that pays a predetermined income for a specific period in the event of the primary insured's death. This rider focuses on protecting the family's income rather than extending coverage to additional family members.

C) Children’s term

The children's term rider is intended to cover the children of the insured but does not extend coverage to the spouse. This rider provides a death benefit in case of the untimely death of a child, which is a different focus than that of the spouse term rider.

D) Joint life

The joint life rider covers two individuals under one policy, typically used for couples, but it does not specifically allow for the addition of the wife to the primary insured’s coverage in the same sense as the spouse term. Instead, it insures both parties simultaneously, which is distinct from the added coverage provided by a spouse term.

Conclusion

The spouse term rider is definitively the correct choice as it specifically allows the wife of the insured to be added to the primary insured’s coverage, providing necessary financial protection. In contrast, the other options focus on different aspects of coverage, such as income protection or coverage for children, which do not meet the requirement of adding the spouse to the policy.