Benefit Rider Insurance: Enhancing Coverage for Life’s Unforeseen Challenges
Benefit rider insurance is an optional add-on to a life insurance policy that provides additional coverage for specific events or circumstances. For instance, a common benefit rider is the accidental death benefit, which offers a payout if the insured person dies due to an accident. These riders can significantly enhance the protection provided by a standard life insurance policy, ensuring financial security for loved ones in diverse situations.