Rider
Term Life Insurance
These additional paid benefits can help you personalize your policy. Every rider covers a unique risk.
One needs to be very careful and diligent before signing up for an add-on or rider.
EXAMPLE:
An Accident Death Benefit rider pays an additional sum assured over and above the regular death benefit in case the life assured dies due to an accident. These benefits have their own terms and conditions which can be way more complicated than term insurance.