Relacionar Columnas Risk Chp. 12 pt. 4Versión en línea Risk Chp. 12 pt. 4 por Ryan Brown 1 Accelerated death benefits 2 Accidental death benefit rider 3 Life settlement 4 Blended Policies 5 Viatical Settlement 6 Waiver-of-premium provision 7 Cost-of-living rider 8 Guaranteed purchase option is a financial transaction by which a policyholder who no longer needs or wants to keep a life insurance policy sells the policy to a third party for more than its cash value. a cash-value policy is combined with term insurance. allows the policyholder to purchase one-year term insurance equal to the percentage change in the consumer price index with no evidence of insurability. increases the face amount of life insurance if death occurs as a result of an accident. allow part or all of the life insurance face amount to paid to a chronically or terminally ill policyholder before he or she dies, and the charge for the benefit is usually included into the premium. is the sale of a life insurance policy by a terminally ill insured to another party, typically to investors or investor groups who hope to profit by the insured's early death. under this provision, if the insured becomes totally disabled from bodily injury or disease before some stated age, all premiums coming due during the period of disability are waived. gives policyholders the right to purchase additional amounts of life insurance at specified times in the future without evidence of insurability.
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