Which of the following statements regarding an accidental death and dismemberment rider for a disability insurance policy is NOT correct?

A) The dismemberment feature provides insureds with periodic payments to help them during a rehabilitation period.

B) The life insurance feature of this rider does not pay a death benefit if the death is due to natural causes.

C) The sum payable under the dismemberment feature is typically expressed as a muliple of the disability policy's weekly indemnity.

D) Once a sum has been paid under the dismemberment feature, the disability income payments stop.

Answer: A) The dismemberment feature provides insureds with periodic payments to help them during a rehabilitation period.

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

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The pro rata liability clause is designed to protect the principle of
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The two major actions required for a policyholder to comply with the Reinstatement Clause are
Life insurance policies will normally pay for losses arising from
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In an insurance contract, the applicant's "consideration" is the
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How many pair of glasses in a 12-month period will a vision expense insurance plan cover?
The voluntary relinquishment of a legal right is called
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