Ace the Texas Life Agent Exam 2025 – Jumpstart Your Career in Insurance Fun!

The spouse rider is specifically designed to provide life insurance coverage for the insured's spouse under a Whole Life insurance policy. This additional rider allows policyholders to extend their coverage benefits to their spouses, ensuring that in the event of the spouse's death, a death benefit will be paid out.

This rider can enhance the overall protection of the family unit and is often more cost-effective than purchasing a separate policy for the spouse. It typically attaches to the base whole life policy and remains in effect for a specified period, or until the spouse reaches a certain age. The coverage amount may often be equal to or a fraction of the primary insured's coverage, but the specific terms can vary based on the insurance provider.

The other options, such as an extended term rider or a child rider, cover different needs. The extended term rider allows the policyholder to convert their whole life insurance policy into term insurance for a certain period, while the child rider provides coverage for the insured's children. The term rider typically refers to coverage in a limited period and is not applicable in this context to spouse coverage.