What benefits will Z receive from his Disability Income Benefit rider following a debilitating accident?

The Disability Income Benefit rider is specifically designed to provide financial support to policyholders who become disabled and are unable to work due to an accident or illness. By choosing this rider, the individual, such as Z in this scenario, receives a monthly income benefit during the period of disability. This feature is crucial as it helps to replace lost income and maintain financial stability during a challenging time.

In addition to the monthly income, many Disability Income Benefit riders also include a provision for waiving the premium of the original life insurance policy. This means that while Z is receiving the disability benefit, he will not have to pay the monthly premiums for his life insurance coverage, ensuring that he remains protected during his recovery period.

The other options listed do not accurately reflect the core benefits provided by a Disability Income Benefit rider. For instance, a one-time payment and medical coverage do not embody the ongoing financial support aspect, whereas increased cash value and rehabilitation support may relate to different types of riders or insurance options. Lastly, a lump sum disability payout implies a one-time payment rather than the continuous income needed to replace lost earnings over time. The features of the Disability Income Benefit rider are thus best captured by the provision of monthly income along with the premium waiver.