What is Rider (Insurance)? | LIFE-HEALTH, PROPERTY-CASUALTY Exam Prep

A rider is an optional add-on to an insurance policy that provides additional benefits or modifies coverage for an extra premium, allowing policyholders to customize their protection beyond the base policy. 📚 Learn more about Rider (Insurance) and other key terms for your LIFE-HEALTH, PROPERTY-CASUALTY exam at Open Exam Prep. 🎯 This term appears on: LIFE-HEALTH, PROPERTY-CASUALTY 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Rider (Insurance) definition: https://www.open-exam-prep.com/glossary/rider 💡 Exam Tip: Rider = optional add-on for extra premium. Common riders: Waiver of Premium, ADB, Guaranteed Insurability. --- #insurance #examprep #financeexam #life-health #property-casualty