Life & Health Insurance Practice Exam 2025 – Your All-in-One Guide to Exam Success!

The option that allows an insured to increase their benefit level without proof of insurability is the Future Increase Option. This feature is typically included in some disability income or life insurance policies, allowing the policyholder to increase their coverage at specified intervals or upon certain life events, such as getting married or having a child, without undergoing additional medical underwriting or proving their insurability again.

This is advantageous for policyholders as it ensures that they can adjust their coverage as their needs change over time without the concern that health issues may prevent them from obtaining adequate coverage. This feature reflects the flexible nature of insurance products to meet changing life circumstances.

Other options, like the Cost of Living Adjustment, typically provide for adjustments based on inflation but do not allow for a general increase in the benefit amount. Presumptive Disability refers to specific conditions that automatically qualify the insured for benefits without the need for further proof but does not relate to increasing coverage amounts. The Garmented Insurability Rider is not a recognized term in standard insurance practices, which further sets the Future Increase Option apart as the clear choice for increasing benefit levels without proof of insurability.