What are Riders in Life Insurance?
Updated: 04 Apr 2022, 05:32 PM IST
TL;DR.Riders are simple coverage extensions that can be added to the base coverage of a policy. They look appealing, but come at a price which is over and above the premium. Let us explore more on this
Riders can be defined as simple coverage extensions that may be added to a life insurance policy's base coverage to expand its coverage.