The policy can be even further customized by adding riders such as
the estate protection rider — which increases the amount of the death benefit by up to 100 percent should both of the insured individuals pass away before the fourth anniversary of the policy — and / or the guaranteed policy split rider — which allows the policy to be split into two individual policies should the insured individuals divorce each other, or if the tax laws change.
For example, the firm offers
an estate protection rider that can help in protecting loved ones from estate tax obligations that may arise from the payment of the policy's own death benefit.
You might also consider adding
an estate protection rider.
In most jurisdictions,
the Estate Protection rider form number is 308 - 405, the First to Die rider form number is 309 - 336, and No Lapse Guarantee rider form number is 311 - 370.
Not exact matches
Additionally, two notable life insurance
riders are available:
Estate Protection Rider and Guaranteed Policy Split Rider.
Available policy
riders are; The
Estate Protection Rider and The Guaranteed Policy Split Rider.
Common policy
riders include accelerated benefits for terminal illness, additional insurance, disability income, and
estate -
protection riders.
Policy
rider: This allows you to customize your policy and add extra coverage in the event of terminal illness,
estate protection, long - term care and final expense coverage.
MassMutual provides customizable senior life insurance policy with final expense,
estate protection and long - term care
riders.