Rider
Insurance Glossary
An optional provision added to a life or health insurance policy that changes what the contract covers, the life insurance counterpart to an endorsement on a property policy. Waiver of premium, accidental death, child coverage and accelerated death benefits are common examples. Some carry an added premium and some are included at no charge, and which ones are offered depends on the insurer, the product and the state.
This content is for general informational purposes only and is not insurance, legal, or financial advice. Coverage, exclusions, eligibility, and pricing vary by insurer, by policy, and by state, and only the policy documents control what is covered. Always confirm the details of any coverage with a licensed insurance agent or the issuing carrier before you buy.