Pennsylvania Life and Health Insurance Exam Practice Question
Which life-benefit rider indicator is active?
Correct Answer: C
Rationale: The life-benefit rider indicator that is active is OC. This option signifies that the rider is currently in effect, allowing the policyholder to access benefits in case of critical events.
Option A (OA) suggests an inactive status, which does not provide any benefits. Option B (OB) might imply a pending status, indicating that the rider is not yet fully activated. Option D (OD) could represent an expired or terminated rider, meaning no benefits are available. Understanding these distinctions is vital for effectively managing life insurance policies and ensuring that coverage is utilized when needed.
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