Not exact matches
This is why we would typically recommend accidental
death and dismemberment insurance as a
supplement or
rider to traditional life insurance, but not as a standalone policy.
In addition, he was able to
supplement his whole life policy with a convertible term life insurance
rider that significantly increased his
death benefit for very little additional cost.
LTCAccess
Rider — A great
supplement to long term care policy, the LTCAcess
rider allows you to accelerate a portion of your
death benefit so you can pay for expenses from long term care covered under the
rider, including both home and facility care.
Term
Rider: Due to the higher initial cost of permanent policies, you can
supplement your coverage with a term
rider to increase your
death benefit coverage until your cash value has a chance to catch up.
Looking to
supplement existing coverage is a good reason to look at purchasing Accidental
Death Insurance with a return of premium
rider.
Accidental
death insurance can also
supplement standard life insurance as a
rider.
Which is why, while we do often sell accidental
death insurance, we reserve it for those who can not qualify for a traditional life insurance policy or simply wish to use an accidental
death policy or
rider to
supplement their existing life insurance coverage.
If you are contemplating
supplementing your life insurance with a
rider such as: return of premium, accelerated
death benefit, long term care, and waiver of premium — check out our articles below first.
And if you are concerned about having a large
death benefit, but wary of the high price tag, you can always
supplement your life insurance
death benefit coverage with a term life
rider.
This is why we would typically recommend accidental
death and dismemberment insurance as a
supplement or
rider to traditional life insurance, but not as a standalone policy.
The accidental
death benefit
rider provides a significant amount of additional coverage that
supplements the
death benefit.
Are you buying enough
death benefit, or should you
supplement the whole life with a term
rider?