What is a rider in life insurance terms?

• A. A rider is a provision that modifies or adds coverage to a policy.
• B. A rider is the main policy's cash value.
• C. A rider is a type of premium.
• D. A rider is only used for group policies.

Answer: (A)

Riders are provisions attached to a life insurance policy that modify or add coverage beyond the base policy. They let you tailor protection to specific needs without buying a new policy. For example, an accidental death rider provides an extra benefit if death results from an accident, while a waiver of premium rider suspends premium payments if the insured becomes disabled. Riders often require additional premium, and they attach to the policy to change its terms or extend coverage rather than representing the policy’s cash value. They aren’t limited to group plans; they’re commonly used with individual policies as well.