Life Insurance

MelvinBApril 10, 2012

What is a rider on life insurance policy?

Thank you for reporting this comment. Undo
readinglady

Think of buying a car. You can purchase a basic car or you can purchase one with various options.

Riders are the "options" added to a basic policy. For example, you might want to add a Renewal provision that allows you to modify coverage (for example increase the amount because you just had twins) without another medical examination.

Riders increase the cost of the policy, so you have to be careful to choose only those beneficial to your situation.

Carol

Here is a link that might be useful: List of Common Riders

    Bookmark   April 10, 2012 at 4:16AM
Thank you for reporting this comment. Undo
emma

We got a rider on my jewelry and my doll collection. I think the best way to explain it is....it covers things a regular policy doesn't.

    Bookmark   October 26, 2012 at 2:39AM
Thank you for reporting this comment. Undo
merrittmyrtl

"Rider is person you want to add on your policy. I was aske wether you want any rideron your policy, while buying term life insurance. Also who you want to declare as beneficary.
"

Here is a link that might be useful: term life insurance

    Bookmark   December 27, 2012 at 1:03AM
Thank you for reporting this comment. Undo
Brett.pl

Rider? Is it life insurance or car insurance? Hehe. Prudential Life.

    Bookmark   May 6, 2013 at 5:17AM
Sign Up to comment
More Discussions
Asexual guy
I have a question with this, but first let me explain...
TyC113
My partner's son hates me, how do I build a relationship with him
I have been dating a man for about five months. I know...
nbee
34 weeks pregnant; so unhappy with husband
This will sound like a case of pregnancy woes..and...
jjaymo
Age Difference
I posted this on the Parents Forum but it was suggested...
silversword
Husband treats me like crap! How do i stop it?
My Husband and I have been married for almost 5 years....
tiredoffighting
© 2015 Houzz Inc. Houzz® The new way to design your home™