Minnesota Life Accident and Health Producer Practice Exam

Family Term Rider provides term life coverage for the policy owner's spouse and dependent children. It’s added to the base policy to insure the family members who rely on the policy owner for financial support, covering both the spouse and the children under the rider. It wouldn’t describe coverage for only the children or only the spouse, and it isn’t designed to cover all relatives regardless of relationship, which is why the statement that the policy owner adds term insurance for the policy owner's spouse and children is the best description.