Do exclusion riders continue for the life of the policy?
In most instances, the exclusion rider is attached for the life of the policy. In some instances, the rider will state that it may be reviewed at some time in the future (usually two years). It is up to you as the policyholder to request the review. The rider will not be automatically reviewed or removed by the company.
Related Questions
- If I sustain a loss on last day of the policy and continue treatment in abroad will the policy be extended to cover the loss? If yes, what will be the charges?
- I originally purchased a survivorship life policy with a 10-year payment schedule that now has been increased to 14 years with no end in sight! What can I do?
- As my policy includes life and critical illness cover, does that mean it could pay out twice, once of I get a critical illness and then again if I die?