Explain Three of the Following Riders

question 53

Essay

Explain three of the following riders:
a.Waiver of premium disability benefit.
b.Accidental death benefit.
c.Guaranteed insurability option.
d.Cost-of-living protection.
e.Accelerated benefits.
f.Second-to-die.

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Definitions:

External Influences

Factors outside of an individual's immediate control that impact their behavior, decisions, or performance.

High Self-esteem

A positive and confident evaluation of oneself and one's abilities.

Self-evaluation

The process of examining one's own performance or qualities, often to identify areas for improvement.

Behavioural Plasticity

The capacity of an individual to change or adapt their behavior in response to changing environmental conditions or experiences.