Which rider provides coverage in the event of accidental death?

The rider that provides coverage specifically in the event of accidental death is the Accidental Death Benefit Rider. This rider offers additional payout to the beneficiaries if the insured dies as a result of an accident. It enhances the basic life insurance policy by increasing the death benefit when the cause of death meets the criteria set forth in the rider.

The focus of this rider is on deaths that occur due to accidents, providing peace of mind to policyholders who want to ensure that their loved ones are financially protected under these circumstances. This makes it a vital option for individuals who engage in potentially hazardous activities or desire extra security in their life insurance policy.

Other riders such as the Living Benefits Rider pertain to accessing a portion of the death benefit in case of terminal illness but do not cover accidental deaths. The Waiver of Premium Rider allows the policyholder to avoid premium payments during periods of disability, and the Guaranteed Insurability Rider permits additional coverage without the need for medical underwriting. However, none of these options provide specific accidental death coverage, which is why the Accidental Death Benefit Rider is the correct choice.