New Jersey Life and Health State Practice Exam

What type of rider pays a death benefit if the insured's spouse dies?

1. Family term insurance rider

2. Spousal death benefit rider

3. Dependent life insurance rider

4. Comprehensive family rider

The correct answer is: Family term insurance rider

The type of rider that pays a death benefit in the event of the insured's spouse's death is commonly known as a spousal death benefit rider. This rider provides coverage for the spouse, ensuring that if they pass away, the insured receives a death benefit, which can help cover immediate expenses or provide financial support during a difficult time. In terms of the other options, the family term insurance rider typically provides coverage for multiple family members, including the insured and their children, but does not specifically target spousal coverage. The dependent life insurance rider generally covers dependent children and may not extend to spouses. The comprehensive family rider may include various family members but is not specifically tailored to pay out a benefit on the death of a spouse. Thus, the spousal death benefit rider is the precise choice for this question, as it directly addresses the situation of receiving a benefit upon the death of a spouse.