Think of term life insurance as financial protection which includes two types of benefits: Death Benefit – the amount of money your beneficiaries receive, should you pass away (what we typically think of when we consider life insurance). Riders – additional benefits which provide protective features to be used primarily while you are living (often overlooked). Riders.. Read More
Life Insurance Riders & Additions for Your Policy
Everything you know about life insurance just got a little more interesting.
With life insurance riders, you can power up your policy by adding additional benefits at a fraction of the cost. Typically, for sometimes just pennies (or even free), you can increase the utility of your life insurance both now and in the future.
Read on below to see which ones might be the best for you.
Maybe you understand how life insurance can generally help individuals with disabilities, but you aren’t familiar with the riders offering the best supplemental protection. For those looking for a tangible solution to disability coverage, the disability waiver of premium rider is an ideal place to start. More specifically, the disability waiver of premium rider goes.. Read More
Since life insurance does its task well, families take out policies each and every day tailored to their specific needs, budget, and lifestyle. At its core, life insurance provides a reliable source of income so families can recover from the loss of a loved one without the added burden of unplanned expenses. However, riders can.. Read More
Unsure what a children’s insurance rider involves, or why you should consider one in the first place? A standard life insurance policy provides an ideal foundation for coverage and financial peace of mind for the insured and their families. But, life insurance policies are never a one-size-fits-all product. For this reason, insurance policies are often tailored.. Read More
Imagine you’ve just been unexpectedly diagnosed with a terminal illness at one of your routine doctor’s appointments. Your friends consider you to be one of the healthiest people they know, so this news really hits you hard. Since your time with loved ones is now limited, ensuring they are taken care of financially, even after.. Read More
Accidents can be small, or accidents can be life-threatening. Financially, you’ve got to plan for them, but most people don’t consider that on their life insurance policy. But there’s a rider you can add to take care of this risk. An accidental death rider ensures added financial protection if the insured dies as a result.. Read More