The spouse insurance rider allows you and your spouse to both be covered under a single life insurance policy by paying a bit more in the
form of a life insurance rider.
Although there are many
types of life insurance riders, we have selected the 9 most important life insurance riders which should cover most of the areas that might be of concern to you.
Now while a «banking policy» is not designed to have a large death benefit at first (although over your lifetime it will grow and grow), a larger death benefit can be acquired through one
of the life insurance riders discussed below.
Several of the life insurance riders described above can provide you or your beneficiaries with extra coverage so that the student loan can still be paid if you die unexpectedly, or if you become critically ill or disabled and can no longer earn an income.
Several
of the life insurance riders described above can provide you or your beneficiaries with extra coverage so that the student loan can still be paid if you die unexpectedly, or if you become critically ill or disabled and can no longer earn an income.
Our life insurance agents talk to a lot of shoppers every day, so they have a pretty good understanding of what types
of life insurance riders people have heard about and — more importantly — want on their policies.
The most common type
of life insurance riders added to existing policies include: accidental death rider, waiver of premium rider, guaranteed insurability rider, family income benefit rider.
Now while a «banking policy» is not designed to have a large death benefit at first (although over your lifetime it will grow and grow), a larger death benefit can be acquired through one
of the life insurance riders discussed below.
Our life insurance agents talk to a lot of shoppers every day, so they have a pretty good understanding of what types
of life insurance riders people have heard about and — more importantly — want on their policies.
When you buy a life insurance policy, it's important to discuss with your agent or company representative the various
types of life insurance riders that may be available to you.
Also, right within our online quoting tool, you can review the types
of life insurance riders that are available to you.
We have covered here the most common types
of life insurance riders, but this list is not exhaustive.
We provide a wealth of information about the types
of life insurance riders and how they might apply to your personal circumstances.
Thank you for reading our blog post; Types
of Life Insurance Riders to Consider.
Filed Under: Life Insurance 101, Types of Life Insurance Tagged With: types of life insurance 2016, types of life insurance riders
Extended Term is a type
of life insurance rider, which allows your insurer to take the cash value remaining on your policy and use that cash to buy Term insurance.
There are many types
of life insurance riders that provide extra coverage if you were to get sick, injured or want a return of premium option.