The Return of Premium Rider, the Return of Cash Value Rider, and the Cost of Living Rider all use which type of term insurance to accomplish their objective?
A
Increasing Term
B
Level Term
C
Re-Entry Term
D
Decreasing Term

Answer: B, Level Term. The Return of Premium Rider, the Return of Cash Value Rider, and the Cost of Living Rider all use Level Term Insurance to accomplish their objectives. This type of term insurance provides a set level of coverage at a set premium rate, usually throughout the entire length of the policy, regardless of any changes in the insured's health or the policy's value.