Although other riders cost extra for the increased benefits you get, most term life policies include an accelerated death benefit
rider at no additional charge.
Not exact matches
Some offer chronic illness
riders at no extra
charge, while other companies offer LTC
riders for an
additional cost.
With this plan, there are also
riders that are offered
at no
additional charge.
These policies
charge you an
additional premium so that
at the end of your term, 100 % of all premiums pay (for the base policy as well as the return of premium
rider) are paid back to you if death has not occurred.
Some of these common
riders and endorsements come standard and may be automatically included with your policy
at no
additional charge, while others require you to pay an
additional premium.
However,
riders offer extra protection and in comparison the
additional premium
charge is a lot lower than buying another standalone policy to get the same benefits
at a higher premium rate.
Farmers EssentialLife ® Simple Whole Life is a modernized whole life insurance policy combining the traditional guarantees of whole life with optional
riders (available
at additional charge), potential to earn excess credits, and a discount7 for customers with other Farmers insurance policies.
Available
at an
additional cost with one
rider charge.
This
rider, available
at an
additional charge, has a limited number of investment options.
An array of optional
riders and benefits are available
at an
additional charge to help you design coverage specific to your needs.
The Farmers Essential Life Simple Whole Life insurance policy essentially combines the traditional guarantees of whole life insurance, with various optional
riders that can be added (
at an
additional premium
charge).
Benefit Increase
Rider: Also included
at no extra
charge, this disability insurance
rider allows you the option to purchase
additional coverage once every 3 years without having to go through medical underwriting.
Guaranteed insurability
rider: Available
at an
additional cost, this
rider gives insureds the ability to increase death benefit coverage in the future
at no
additional charge.
The guaranteed insurability
rider is usually available
at a small
additional charge.
This
rider may automatically come with the purchase of a term policy, or it may be available
at time of issue for an
additional premium
charge.
Farmers EssentialLife ® Simple Whole Life is a whole life insurance policy combining the traditional guarantees of whole life with optional
riders (available
at additional charge), potential to earn excess credits, and a discount8 for customers with other Farmers insurance policies.
The waiver of premium of
rider is an option that may be offered
at the inception of the life policy and for which an
additional premium is
charged.
This
rider is included
at no
additional charge (cost of this
rider is included in every policy premium).