What does a rider mean in a life insurance policy?2 min read . Updated: 01 Nov 2017, 03:14 AM IST
There are a host of riders that life insurance companies offer. The most popular ones are accidental death and permanent disability riders
How do you increase the life insurance element in a bundled plan? You can do that by buying a term life rider. A rider is an add-on cover to the base policy that provides additional benefits. Life insurance companies offer a range of optional riders that you can buy at an additional premium to suit your needs. Read for more details on riders.
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