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Which of the following riders is often used in business life insurance policies when the policyowner needs to change the insured under the policy?
Options
a) Term rider
b) Guaranteed insurability rider
c) Payor benefit rider
d) Substitute insured rider
Answer: d) Substitute insured rider
The above question Which of the following riders is often used in business life insurance policies when the policyowner needs to change the insured under the policy?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
