Everything You Should Know - Life Insurance Riders
When you are shopping for life insurance , you may come across the term "riders." Riders are additional coverage options that individuals can purchase to supplement their life insurance policy. These riders can provide additional coverage for specific situations or to extend the benefits of the life insurance policy. There are many different types of riders available, and each one provides a different level of coverage. It's important to understand the different riders available and how they can benefit you and your family. Below is a list of the most common riders available and what they cover. What Is a Life Insurance Rider? A life insurance rider is an additional coverage option that can be purchased to supplement a life insurance policy. Riders provide additional benefits for specific situations, such as critical illness coverage or accidental death and dismemberment coverage. Riders can also extend the benefits of the life insurance policy, such as by increasing the ...