What kind of insurance feature does a guaranteed insurability rider specifically provide?

A guaranteed insurability rider specifically allows the insured to purchase additional coverage without the need for medical proof. This feature is particularly beneficial as it provides security for the policyholder, enabling them to increase their coverage during certain specified times, such as at key life events (births, marriage, etc.), without undergoing additional health examinations.

This means that if the insured's health condition changes negatively over time, they still have the opportunity to increase their coverage without the risk of being denied based on their health status. This flexibility is crucial for individuals who may foresee life changes that could affect their insurability.

In contrast, premium adjustments, accidental death coverage, and conversion options do not relate to the unique benefits of a guaranteed insurability rider, which focuses on ease of obtaining additional coverage without the hassle of medical requirements.