1.Review scenario 121: While comparing life-insurance rules, complete this life-insurance rule: ___ can keep coverage in force without ___ payments during qualifying total disability. Which option belongs in the blank?
Waiver of premium can keep coverage in force without premium payments during qualifying total disability.
Example: A client or producer applies this rule in a policy situation. The correct concept is Waiver of premium. Waiver of premium can keep coverage in force without premium payments during qualifying total disability.
PTH original exam-prep item • Original practice item • PTH clean-bank stem rewrite; core concept/answer retained
2.Review scenario 122: During an exam review, these facts apply: Payor benefit can waive premiums on a juvenile policy if the person responsible for premiums dies or becomes disabled under the rider terms. Which option best identifies the concept being tested?
Payor benefit can waive premiums on a juvenile policy if the person responsible for premiums dies or becomes disabled under the rider terms.
Example: A client or producer applies this rule in a policy situation. The correct concept is Dies or becomes disabled as defined by the rider. Payor benefit can waive premiums on a juvenile policy if the person responsible for premiums dies or becomes disabled under the rider terms.
PTH original exam-prep item • Original practice item • PTH clean-bank stem rewrite; core concept/answer retained
3.For review, determine when applying a policy concept, complete this life-insurance rule: An ___ provides an extra ___ benefit when ___ meets the ___'s covered-accident conditions. Which option belongs in the blank.
An accidental death rider provides an extra death benefit when death meets the rider's covered-accident conditions.
Example: A client or producer applies this rule in a policy situation. The correct concept is Accidental death rider. An accidental death rider provides an extra death benefit when death meets the rider's covered-accident conditions.
PTH original exam-prep item • Original practice item • PTH clean-bank stem rewrite; core concept/answer retained
4.Review scenario 124: In a licensing-exam fact pattern, complete this life-insurance rule: ___ provides future purchase options without new medical evidence, subject to rider limits. Which option belongs in the blank?
Guaranteed insurability provides future purchase options without new medical evidence, subject to rider limits.
Example: A client or producer applies this rule in a policy situation. The correct concept is Guaranteed insurability. Guaranteed insurability provides future purchase options without new medical evidence, subject to rider limits.
PTH original exam-prep item • Original practice item • PTH clean-bank stem rewrite; core concept/answer retained
5.Review scenario 125: While reviewing a policy file, complete this life-insurance rule: A ___ adds term life protection for eligible children under the base policy. Which option belongs in the blank?
A children's term rider adds term life protection for eligible children under the base policy.
Example: A client or producer applies this rule in a policy situation. The correct concept is Children's term rider. A children's term rider adds term life protection for eligible children under the base policy.
PTH original exam-prep item • Original practice item • PTH clean-bank stem rewrite; core concept/answer retained
6.Review scenario 126: During a coverage discussion, these facts apply: A spouse term rider adds term insurance on the spouse under the base policy. Which option best identifies the concept being tested?
A spouse term rider adds term insurance on the spouse under the base policy.
Example: A client or producer applies this rule in a policy situation. The correct concept is Add term life coverage on the insured's spouse. A spouse term rider adds term insurance on the spouse under the base policy.
PTH original exam-prep item • Original practice item • PTH clean-bank stem rewrite; core concept/answer retained
7.Review scenario 127: In a case-study question, these facts apply: Return-of-premium term coverage can return specified premiums if the insured survives the stated term. Which option best identifies the concept being tested?
Return-of-premium term coverage can return specified premiums if the insured survives the stated term.
Example: A client or producer applies this rule in a policy situation. The correct concept is Return of premium rider. Return-of-premium term coverage can return specified premiums if the insured survives the stated term.
PTH original exam-prep item • Original practice item • PTH clean-bank stem rewrite; core concept/answer retained
8.Review scenario 128: While advising a policyowner, these facts apply: Accelerated death benefits allow access to part of the death benefit after a qualifying terminal illness or other covered trigger. Which option best identifies the concept being tested?
Accelerated death benefits allow access to part of the death benefit after a qualifying terminal illness or other covered trigger.
Example: A client or producer applies this rule in a policy situation. The correct concept is Accelerated death benefit rider. Accelerated death benefits allow access to part of the death benefit after a qualifying terminal illness or other covered trigger.
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9.Review scenario 129: During an underwriting discussion, these facts apply: Cost-of-living riders can increase coverage to help offset inflation, according to the rider formula. Which option best identifies the concept being tested?
Cost-of-living riders can increase coverage to help offset inflation, according to the rider formula.
Example: A client or producer applies this rule in a policy situation. The correct concept is Increase coverage based on an inflation measure, subject to rider terms. Cost-of-living riders can increase coverage to help offset inflation, according to the rider formula.
PTH original exam-prep item • Original practice item • PTH clean-bank stem rewrite; core concept/answer retained
10.Review scenario 130: In a policy-service scenario, these facts apply: A term rider adds temporary insurance to a permanent base policy. Which option best identifies the concept being tested?
A term rider adds temporary insurance to a permanent base policy.
Example: A client or producer applies this rule in a policy situation. The correct concept is Add temporary death protection. A term rider adds temporary insurance to a permanent base policy.
PTH original exam-prep item • Original practice item • PTH clean-bank stem rewrite; core concept/answer retained