James is concerned that if he purchases a fixed immediate annuity his funds will be tied-up and not accessible if an emergency arises.His insurance agent said that a rider could be attached to his annuity to address this concern.The rider is a(n)

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A partial cash withdrawal rider would allow James to withdraw some funds from his annuity if an emergency arises without surrendering the entire annuity. This provides flexibility and liquidity while still maintaining some of the benefits of the fixed immediate annuity. The other riders listed - return of premium, guaranteed purchase option, and waiver-of-premium - do not address James' concern about accessing his funds in an emergency.

James Is Concerned That If He Purchases a Fixed Immediate