Which statement about a Convertible Term Rider is accurate?

• A. to convert the term policy to permanent coverage w/o evidence of insurability
• B. to convert the term policy to permanent coverage with evidence of insurability
• C. to convert the term policy to permanent coverage without evidence of insurability
• D. It does not permit any conversion

Answer: (C)

A Convertible Term Rider is all about giving you the option to switch from term life to permanent life without having to prove you’re still insurable. This rider is designed so you can maintain or increase your coverage as your needs change, without going through medical underwriting again. That means you can convert to a permanent policy without evidence of insurability, though you’ll typically pay the new permanent policy’s premium based on your age at the time of conversion and within the rider’s specified conversion window. The idea is to preserve coverage flexibility and avoid underwriting hurdles if your health has changed since you bought term coverage. So the accurate statement is that you can convert to permanent coverage without evidence of insurability.