What advantage does a "return of premium" rider provide?

The "return of premium" rider provides a unique benefit by offering a refund of the premiums paid if the insured survives the term of the policy. This feature adds a layer of financial security and peace of mind, as it ensures that the policyholder does not lose the money they paid into the policy if they outlive the coverage period.

This rider is particularly appealing to individuals who want insurance protection but are also concerned about the value of their payments over time. It essentially functions as a safety net, giving policyholders a way to recover their premiums while still receiving the benefits of life insurance protection during the term.

The other options focus on different aspects of life insurance policies. While payments to beneficiaries upon death represent the fundamental benefit of life insurance, and covering premiums during disability addresses the ability to maintain the policy during financial hardship, neither of these options captures the specific refund aspect of a "return of premium" rider. Additionally, increasing the death benefit pertains to a different type of rider, which enhances coverage rather than providing a premium refund to the insured.