Which statement about convertible term riders is true?

• A. The conversion is always automatic at a specified age.
• B. A convertible term rider may limit the amount of time the insured has to convert.
• C. The rider has no effect on conversion timing.
• D. The conversion requires underwriting for every conversion.

Answer: (B)

Convertible term riders provide a way to switch term coverage to a permanent policy without a new medical exam, but the option isn’t available indefinitely. The rider sets a conversion period—the window during which you must elect to convert, typically before the term ends or before you reach a specified attained age. That time limit is why the statement about limiting how long you have to convert is true. Converting isn’t usually automatic at some age; you generally must actively exercise the option within the window. And while the conversion can be done without underwriting in most cases, it isn’t tied to ongoing underwriting for every conversion, so the timing is governed by the rider’s defined period rather than automatic triggers.