Sentences with phrase «to add this rider»

The phrase "to add this rider" means to include an extra condition or requirement to an agreement, contract, or policy. Full definition
You might also add riders for other types of coverage like disability and critical illness.
You can add more value to your base insurance policy by adding riders such as critical illness rider and accidental death benefit rider.
Other insurance companies may or may not offer the option of adding riders.
Optional Charges Some charges can be associated with customizing your policy, such as adding a rider or taking a withdrawal from the cash value.
You can only add these riders if you qualify for the preferred or Standard plan.
You may want to consider adding a rider or a separate policy to cover losses from severe weather that aren't included in your existing insurance policy.
You can enhance the protection under this plan by adding riders at a nominal additional premium.
You can also add riders like accidental death cover and waiver of premium to enhance policy coverage.
You can also add a rider which will provide you additional coverage against accidental death etc..
If you are getting a traditional policy, you can typically add a rider for accidental death that would increase your death benefit if you died due to an accident.
In addition, adding these riders allows clients to use their policy as a powerful financial management tool from day one.
For added protection, contact your home insurance provider and ask about adding a rider for your electronics onto your policy.
In this case the policy owner would be better off investing the difference than adding the rider on to his policy.
So, adding a rider means an increase in the premium payable.
You can only add this rider if you are 65 or younger.
You can add this rider after buying the policy.
Before adding riders to your policy it's worth speaking with a licensed life insurance agent who can fill you in on the best riders and insurers for your needs.
It would be great if companies add the riders which you mentioned were missing in online plans, even if premium is higher.
The policy holder is also allowed to add riders with the basis plan.
If you need more coverage, you can always add a rider for an individual item or buy a standalone policy, like jewelry insurance.
Adding this rider onto key man life insurance may be a smart choice, especially when using life insurance to fund a buy - sell agreement.
You can buy several different kinds of whole life, term life insurance, term life with return of premium, and others, even adding riders to cover all sorts of life situations.
This has caused a generally high cost as more and more companies are attempting to add this rider simply to stay competitive with others.
The best part about this rider is that anyone who takes up the insurance policy can effectively add this rider to the policy.
Yet, even when you find the right company and product, you may be curious to know how adding a rider to your policy could benefit you in the long run.
However, if you become pregnant, you will not be able to add the rider back to the policy until after the delivery.
But some companies offer the facility to add riders during the policy term.
Some term policies are sold as return - of - premium policies, meaning you don't need add a rider to your policy to get your money back at the end.
That extra coverage could simply involve your parents adding a rider for big - ticket items or purchasing a standalone policy designed specifically for people living on campus (aka dorm insurance).
Costs vary per insurer and applicant; insurance companies typically add the rider fee to the premium or charge an upfront fee.
Available only at issue, policyholders often add the rider as an optional or supplemental benefit to a life insurance policy.
Adding this rider saves you the hassle of paperwork, having to find a different carrier and it also gives you premium savings.
For instance, some people add a rider for child life insurance coverage onto their life insurance policy, and pay a small additional premium for this added coverage.
The only bad part is that when adding this rider, your monthly payment will increase up to 50 %.
Some term insurance plans and added riders attached with a term insurance plan offer an additional sum assured on death due to an accident.
You can choose a protection plan and add riders over it that offer protection against critical illnesses and accidental disabilities.
However, some life insurance companies now add the riders to their term life insurance policies, too.
In addition to the main features, there are also options to add riders including accelerated living benefit for terminal illness.
If you feel like none of the rider available with your policy will be useful for you then it is better to avoid adding riders to your policy.
You can still add riders, such as accidental death or minor children.
Your agent can help explain the advantages of adding riders, and provide details about the wide range of riders available based on your needs and goals.
Whether you should consider adding a rider to a policy you're considering really depends on your specific needs, objectives and budget.
You can enhance the overall protection by adding riders at a nominal additional premium.
Riders Benefits - You can add riders like critical illness, accidental death, waiver of premium, etc..
If you have very valuable items, speak to your independent agent about adding riders to your policy to cover your valuables.
With most insurers, you can add a rider on the policy anniversary date up to a sum assured that is less than your base policy.
The ability to add a rider after a contract is issued depends on the specific rider rules, which vary company to company.
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