What advantage does a spouse rider provide to the policyholder?

A spouse rider is an additional provision that allows a policyholder to add coverage for their spouse under their life insurance policy. One of the main advantages of having a spouse rider is that it typically offers coverage for the spouse at a lower premium cost compared to a standalone policy. This can be more cost-effective for the policyholder, as it provides a convenient way to secure life insurance protection for the spouse without the need for separate underwriting processes or higher premium rates that are often associated with individual policies.

In contrast, other potential advantages suggested by the incorrect choices do not accurately represent the primary benefit of a spouse rider. Enhanced death benefits usually refer to stand-alone policies that may include additional features or additional amounts of coverage. Automatic renewal pertains to policies that allow for renewal without re-evaluation, but this is not a specific feature of a spouse rider. The option to convert to a whole life policy is related to specific types of term policies, enabling the policyholder to switch to a permanent policy, which is distinct from the coverage provided by a spouse rider. Thus, the primary focus of the spouse rider is its cost-effective provision of coverage for the spouse.