Discuss Virginia Insurance Virginia Life, Annuities, And Health Insurance Examination Series 1101 Exam Topic 11 Question 9

An accelerated benefit rider in a life insurance policy may provide funds to an insured who:

AIs expected to die within six months

BHas a back injury requiring two years of rehabilitation

CIs about to have minor surgery

DElects to receive supplemental retirement income

Suggested Answer: A

An accelerated benefit rider allows the policyholder to access a portion of the death benefit while they are still alive, typically in cases where the insured is diagnosed with a terminal illness and is expected to die within a certain period (usually six months). This rider provides financial assistance during the policyholder's final stages of life, allowing them to cover medical expenses or other costs. It does not apply for minor surgeries or long-term rehabilitation.

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24 comments · newest first

Blondell 2 days ago

C seems too minor for a benefit rider.

Casie 7 days ago

True, but B isn't about dying soon.

Aron 12 days ago

I feel A is the only option that aligns with the rider's purpose.

Lashaunda 18 days ago

But what about B? Long rehab could be costly.

Ronna 23 days ago

A is definitely the best choice. Immediate need for funds!

Melina 28 days ago

I agree, A makes sense. Urgency matters.

Andree 1 month ago

C and D don’t fit the urgency needed for accelerated benefits.

Margurite 1 month ago

I think it's A. Six months is critical.

Anissa 1 month ago

B is also a possibility, but two years feels too long.

Alpha 2 months ago

I agree, A makes sense. Time is crucial in that case.

Lanie 2 months ago

I think it's A. Six months seems right for accelerated benefits.

Sylvie 2 months ago

I thought it was only for terminal illnesses, interesting!

Alesia 2 months ago

D) Elects to receive supplemental retirement income sounds off to me.

Cyndy 2 months ago

Wait, can you really get money for just a back injury?

Chandra 2 months ago

Totally agree, that’s how it works!

Rusty 3 months ago

A) Is expected to die within six months is correct.

Jutta 3 months ago

I feel like I’ve seen questions where the rider was linked to critical health issues. A seems to fit that, but I’m not confident about the details.

Dana 3 months ago

I’m a bit confused. I thought accelerated benefits could apply to other situations too, but I can’t recall any specifics.

Omer 3 months ago

I remember practicing a question like this, and I think it was about someone with a serious illness. A sounds right, but I wonder if there are exceptions.

Nathalie 3 months ago

I think the accelerated benefit rider is mainly for terminal illnesses, so I’m leaning towards option A, but I’m not completely sure.

Maile 4 months ago

I don’t think it’s about rehabilitation or retirement income, so I’m also thinking A is the best choice based on what I studied.

Lisha 5 months ago

I’m a bit confused about this one. I thought accelerated benefits could apply to serious conditions, but I’m not sure if minor surgery counts.

Tamar 5 months ago

I remember practicing a similar question where the focus was on critical illness, and I think it was about life expectancy too. A seems to fit that.

Tu 5 months ago

I think the accelerated benefit rider is mainly for terminal illnesses, so I’m leaning towards option A, but I’m not completely sure.

Virginia Insurance Virginia Life, Annuities, and Health Insurance Examination Series 1101 Exam - Topic 11 Question 9 Discussion