A rider that pays the insured's family a monthly income after the insured's death, continuing until the end of a specified income period (such as 20 years), is the:

Why A is correct

A family income rider supplements a permanent or term policy by paying a monthly income to the insured's family from the date of death until the end of the rider's income period. The family receives both the policy's basic death benefit and, during the income period, a stream of monthly payments. It addresses the family's ongoing living-expense needs rather than providing a single lump sum.

Why the other options are wrong

• B) A guaranteed insurability rider lets the insured buy additional coverage at future dates without evidence of insurability; it does not pay monthly income.
• C) A cost of living rider increases the death benefit periodically to offset inflation; it provides no monthly income stream.
• D) A return of premium rider refunds the premiums paid if death occurs within a specified period; it does not pay a monthly family income.

Memory hook

Family income rider = a salary substitute for the family after death, month after month, until the period ends.