


What key details should you look for when reviewing your rider provisions?
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what is a rider in insurance
- For certain life insurance policies, how does a return of cash value rider pay out the cash value in addition to the death benefit?
- Common options include cash surrender value, reduced paid-up insurance, and extended term insurance. What is an accelerated benefit for chronic illness rider?
- What are some common pitfalls to watch out for when considering insurance riders? How do insurance riders compare to stand-alone insurance policies that offer similar coverage?
- There are typically requirements related to the inability to perform activities of daily living. What is a catastrophic illness rider?
- This is unlikely outside of auto insurance. What is a travel assistance rider?
- Are there any age restrictions for purchasing certain types of insurance riders? How long does the coverage under a rider typically last?
- What are the tax implications of using an annuity's long-term care rider? What is a death benefit rider for annuities?
- How does a respite care rider provide temporary care for an insured individual, offering a break for family caregivers?
- What is a children's term rider? What coverage does a children's term rider typically provide?
- When added to a permanent life insurance policy, how does a level term rider provide a fixed amount of term coverage for a specific period?
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