Disability & Long-Term CareQuestion 91 of 315
Which rider on a disability income policy raises the monthly benefit during a long claim to keep pace with inflation?
a.Future-increase option rider
b.Social Security supplement rider
c.Cost-of-living adjustment (COLA) rider
d.Return-of-premium rider
Explanation
A COLA rider increases the monthly benefit during a long claim so that the payment keeps pace with inflation. A future-increase rider lets the insured purchase more coverage at set dates without new underwriting, but it does not adjust an in-force claim.
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