Imagine your life insurance is like a car. A rider is like adding cool features, like heated seats or a sunroof. It’s an extra benefit you can tack onto your main policy, usually for a small additional cost.
There are all sorts of riders:
- Spousal Rider: Adds coverage for your partner.
- Children’s Rider: Adds coverage for your little ones.
- Critical Illness Rider: Gives you extra protection if you get seriously ill.
- Term Rider: Adds temporary coverage to a permanent policy.
- Waiver of Premium Rider: If you get sick and can’t work, this rider pays your premiums so you don’t lose your coverage.
Each insurance company has its own unique riders, so we’re happy to help you explore the options and find the ones that fit your needs!