Which option allows for additional coverage under specific circumstances without the need for medical proof?

The Guaranteed Insurability Rider provides the option for the policyholder to purchase additional life insurance coverage at specified intervals without the need for medical proof. This means that the individual can increase their coverage amount as life circumstances change, such as marriage, the birth of a child, or other significant life events, without having to undergo a medical exam or provide health-related information at the time of the purchase.

This rider is particularly beneficial for individuals who may anticipate a need for more insurance coverage in the future but are concerned about potential changes in their health status that could make obtaining additional coverage more difficult or expensive later on. The flexibility to secure additional coverage without medical underwriting adds significant value to the policyholder's overall financial planning.

In contrast, other options such as the Accidental Death Benefit Rider typically provide coverage under specific accidental circumstances, while the Term Rider offers temporary coverage for a specified term. The Return of Premium Rider ensures that premiums paid are returned if the insured outlives the policy, but it does not provide additional coverage options.