Life Provisions, Options, Riders Take this Course Course Content Expand All | Collapse All Lessons Status 1 Standard Provisions and Exclusions Policyowner Insured & Beneficiary Assignment Right to Examine (Free Look) Premiums, Payments, Grace Period Misstated Age or Gender Incontestability Reinstatement Entire Contract Medical Examination and Autopsy Prohibited Provisions Exclusions 2 Beneficiaries Beneficiary Designation Options Individuals and Classes Minors Estates Trusts Revocable vs. Irrevocable Beneficiaries Primary and Contingent Common Disaster Clause Spendthrift Clause 3 Settlement Options Cash Payment (Lump Sum) Interest Only Life Income Fixed-Period and Fixed-Amount 4 Nonforfeiture, Loans, Withdrawal, Dividends Nonforfeiture Options Loans and Withdrawals Dividends Dividend Options 5 Riders Policy Rider Overview Disability Riders Additional Insured Riders Accidental Death Rider Guaranteed Insurability Rider Cost of Living Adjustment (COLA) Rider Return of Premium Rider Accelerated Death Benefit Rider Long-Term Care Rider