Which of the following statements is TRUE regarding a waiver of premium rider?
Which of the following statements is TRUE regarding a waiver of premium rider?
A . There will be no change in the policy other than the insured no longer has to pay the premiums on the policy.
B . The policy’s cash value will continue to grow, but at a slower rate because the insured is no longer paying premiums.
C . The death benefit will be reduced by the amount of the unpaid premiums.
D . The insured will automatically become eligible for accelerated death benefits.
Answer: A
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