The payor rider on a juvenile life policy provides that if the payor dies or becomes disabled before the insured juvenile reaches the age specified on the policy the

This choice is incorrect because the payor rider does not transfer the responsibility of future premium payments to the insurance company in case of the payor's death or disability. The rider outlines specific provisions to maintain the policy but does not involve the insurer taking over premium payments.

This option is incorrect as the responsibility for premium payments in the event of the payor's death or disability does not shift to the insured's estate according to the payor rider. The rider contains provisions to address such scenarios without relying on the insured's estate for premium payments.

This choice is incorrect because the payor rider does not typically involve the insurance company providing loans to maintain the policy in the event of the payor's death or disability. The rider specifies alternative measures to ensure the policy remains active without resorting to lending arrangements.