Life Insurance Exam: Guaranteed Insurability Rider Explained!

📘 Studying for the life insurance exam? Don’t miss the Guaranteed Insurability Rider (GIR): 🔹 Allows the policyholder to buy additional coverage later without proof of insurability 🔹 Usually available at specific ages or life events (marriage, birth of a child) 🔹 No medical exam required — premium based on age at purchase 💡 Tip: On the exam, remember — GIR adds coverage, Waiver of Premium protects coverage. #insuranceexam #lifeinsurance #lifeinsuranceexamprep #lifeandhealthexam