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Life Insurance Riders: Types, features, benefits

Insurances

Among the many riders offered, the popular ones are term rider, critical illness rider, waiver of premium rider, and accidental death benefit rider.

These riders are add-ons to the primary policy, which offers additional benefits over and above the policy. With these add-ons, policyholders can maximize their benefits to suit their specific needs.

Note that, these riders come into play only in case of a specific event.

Source

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Life Insurance Riders: Types, features, benefits

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