Which rider provides term coverage for the insured's spouse under a policy?

• A. Spousal rider with cash value
• B. Waiver of premium rider
• C. Family term insurance rider
• D. Joint life rider

Answer: (C)

Riders are add-ons that modify or extend what a life policy covers. A family term insurance rider is designed to provide term life protection for family members, typically the insured’s spouse and dependent children, under the same policy. It adds a separate term coverage amount for the spouse that lasts for a defined period, making it a cost-effective way to insure a spouse without purchasing a separate policy. This is why it’s the best fit for providing term coverage to the insured’s spouse.

The other riders serve different purposes: a waiver of premium rider doesn’t add life coverage at all; it only waives premiums if the insured becomes disabled. A joint life rider covers two lives but pays on the first death and isn’t specifically about providing term coverage for a spouse under the base policy. A spousal rider with cash value implies permanent coverage with a cash value on the spouse, not term coverage.