PSI Life Exam Practice Test

What type of insurance rider provides a death benefit if the spouse of the insured dies?

1. Accidental Death Benefit

2. Family Term Insurance Rider

3. Child Rider

4. Spouse Rider

The correct answer is: Family Term Insurance Rider

The appropriate insurance rider that provides a death benefit if the spouse of the insured dies is the Spouse Rider. This rider is specifically designed to add coverage for the spouse of the primary insured individual, allowing for a death benefit to be paid out to the beneficiaries in the event of the spouse's passing. This rider enhances the insurance policy by addressing the financial consequences that may arise from the loss of a spouse. By including a Spouse Rider, the policyholder ensures that the death benefit extends beyond just themselves, providing additional security to their family. The other options do not apply to the scenario presented. The Accidental Death Benefit provides coverage only in instances where death occurs due to an accident, but it does not specifically cover the spouse’s demise. Meanwhile, the Child Rider is tailored to provide coverage for the insured's children, and Family Term Insurance Rider generally covers multiple family members but doesn’t specifically focus on providing a spousal benefit in case of death.