1. Elizabeth Meyer is insured under a life insurance policy that includes supplemental disability benefits. Under the terms of her policy, if Ms. Meyer becomes totally disabled, the insurer will waive its right to collect all premiums that become due as long as Ms. Meyer notifies the insurer in writing of her claim and provides proof of her disability. The type of supplemental disability benefit Ms. Meyer's policy provides is known as a

waiver of insurability benefit

waiver of premium for disability (WP) benefit

disability income benefit

waiver of premium for payor benefit

2. Insurance regulators require insurers to use conservative mortality tables to calculate policy reserves. A conservative mortality table is one that shows

higher mortality rates than the insurer anticipates for a particular block of policies

the same mortality rates for men and women of the same age and risk class

the mortality rates an insurer anticipates for a given block of policies

lower mortality rates than the insurer anticipates for a particular block of policies