What are Life Insurance Riders?

Life insurance riders are additional features ("mini-policies") that can be added to one's life insurance policy to enhance its coverage and flexibility.

For example, in a life insurance policy, a common rider is the accelerated death benefit rider, which allows the policyholder to access a portion of the death benefit if they are diagnosed with a terminal illness.

Other types of riders may include waiver of premium riders, which waive premium payments if the policyholder becomes disabled, or a guaranteed insurability rider, which enables the policyholder to purchase additional coverage without the need for a medical exam.

By understanding the riders available to you, you can apply them to customize your life insurance policy to better suit your needs, provide additional protection and ensure flexibility of your coverage.

Call, text or email me anytime to schedule a free, no-obligation consultation to learn more about life insurance policies and riders.