Horatio would like to purchase disability insurance and he reviews several policies available through different insurers....

 

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Horatio would like to purchase disability insurance and he reviews several policies available through different insurers. One policy includes an accidental death and dismemberment (AD&D) rider which Horatio is unsure about. When Horatio asks his insurance agent to explain AD&D riders, which of the following explanations is CORRECT? If Horatio lost a limb, he would receive a percentage of the death benefit as an ongoing income. AD&D benefits would pay out in lieu of benefits payable for income lost due to disability. Death or loss must occur within 6 months of the accident for a claim to be payable under the AD&D rider. If Horatio dies ina plane crash during his first flying lesson, the AD&D benefit would not be payable. 24 I Oa) Ob) Oc) Od) Horatio would like to purchase disability insurance and he reviews several policies available through different insurers. One policy includes an accidental death and dismemberment (AD&D) rider which Horatio is unsure about. When Horatio asks his insurance agent to explain AD&D riders, which of the following explanations is CORRECT? If Horatio lost a limb, he would receive a percentage of the death benefit as an ongoing income. AD&D benefits would pay out in lieu of benefits payable for income lost due to disability. Death or loss must occur within 6 months of the accident for a claim to be payable under the AD&D rider. If Horatio dies ina plane crash during his first flying lesson, the AD&D benefit would not be payable. 24 I Oa) Ob) Oc) Od)

Answer rating: 100% (QA)

option B is the correct answer Explanation Option B is the correct answer as Accidental Death and Di... View the full answer