Riders can be added to your life insurance policy that will shield you against a number of unpleasant situations. The insurance provider will have its own list of available riders, but to mention a few:

Accelerated death benefit rider or living benefits rider: Pays the benefit early if you happen to be terminally ill.
Accidental death benefit rider: If you die due to an accident, you are paid an extra benefit.
Long term care rider: Pays for long term care expenses in cases where a person is unable to do things for oneself.
Waiver of premium rider: Waives premium payments for total disability.

This entry was posted on Tuesday, March 25th, 2008 at 5:42 am and is filed under Life Insurance Policy. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.