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29 September, 05:35

Which of the following allows the insurer to relieve a minor insured from premium payments if the minor's parents have died or become disabled?

A. Payor Benefit

B. Jumping Juvenile

C. Juvenile Premium Provision

D. Waiver of Premium

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Answers (1)
  1. 29 September, 06:33
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    The correct answer is a) Payor Benefit

    Explanation:

    When the payor dies or becomes disabled, the insurer will suspend the premiums until the child reaches 19 years old, the child must be under age 18, or up to age 19 and still attending high school. Usually, the payor is a parent (father, mother, brothers).
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