Many life insurance companies offer a terminal illness rider. Such a rider allows the insured to use a portion of their death benefit while they are still alive if a doctor deems the policyholder terminally ill. Terminal illness riders are usually included with most life insurance policies at no additional cost; however, some life insurance […]
Riders
Understanding Life Insurance Riders
When standard life insurance packages aren’t offering the coverage you need, you can purchase additional security with something called a “rider.” These are insurance add-ons that provide everything from additional accidental coverage to premium waivers if you get disabled, and they can grant real peace of mind to anyone struggling with the black-and-white terms of […]
