A payor benefit rider provides which of the following benefits?

A payor benefit rider is specifically designed to protect the insured individual in the event that the payor, typically a parent or guardian, passes away or becomes disabled. The correct benefit provided by this rider is a temporary waiver of premium payments, ensuring that premiums do not need to be paid until the insured reaches a predetermined age. This is critical for ensuring that the life insurance policy remains in force during a challenging time for the family, allowing the insured to continue being covered without the additional financial burden.

The emphasis on a "temporary" waiver is key, as this rider is not intended to provide lifelong benefits; instead, it is a supportive provision meant for the early years of the insured’s life, offering crucial financial relief during a period of loss or difficulty. Such a structure helps to stabilize the financial situation for the family while ensuring that coverage continues until the insured can take over the premium payments.