A breadwinner wants the family to receive a monthly income for a set number of years after death, in addition to the base policy's death benefit. Which rider provides this?

Why A is correct

A family income rider adds a decreasing term layer to the base policy that pays the family a monthly income for a specified period — such as 10 or 20 years — if the insured dies during that period. It is often used to cover the years while children are dependent. A payor rider instead protects a juvenile policy by waiving premiums if the adult who pays them dies or becomes disabled. A cost-of-living rider increases benefits with inflation; a return-of-premium rider refunds premiums if no death claim occurs within the term.

Why the other options are wrong

• B) A payor rider protects a juvenile policy by waiving premiums if the adult premium payer dies or becomes disabled. It does not pay monthly income to the insured's family.
• C) A cost-of-living rider increases the death benefit periodically to offset inflation. It does not provide the family a monthly income stream during the dependent years.
• D) A return of premium rider refunds the premiums paid if no death claim occurs during the term. It is a money-back feature, not an income benefit paid to the family.

Memory hook

Family income = a paycheck from the policy to the family during the dependent years.