Which life insurance rider is designed to permit young individuals to be able to purchase...

Theguaranteed insurability riderallows the insured, typically younger individuals, to purchase additional life insurance at specified future dates or life events (e.g., marriage, childbirth) without proving insurability, ensuring coverage despite health changes. This is a common rider in life insurance policies (Title 36 O.S. § 4001 et seq.).

Option A: Incorrect. A cost of living rider adjusts the death benefit for inflation, not additional coverage.

Option B: Correct. The guaranteed insurability rider allows additional insurance without insurability proof.

Option C: Incorrect. An impairment rider excludes specific conditions, not related to additional coverage.

Option D: Incorrect. A multiple indemnity rider increases benefits for accidental death, not additional coverage.