What kind of Policy Rider options do I have for Non Medical Term Life Insurance?
There are several Policy Riders that can be added to your No Exam Term Life Insurance products for an additional charge. The choices are outlined below: Return of Premium (ROP) – The ROP Rider refunds all the premiums that you paid through the term of the policy once the Term is up. When the Term of the policy is up, the insurance company will simply cut you a tax-free check back for all monies paid to the company. Accidental Death – With the accidental death rider, the policy will pay an additional sum of money if you die in an accidental manner. Some examples of this include car accidents, accidental drowning or plane crashes. Consult your specific policy for limitations of this rider. Child Rider – A child rider provides Life Insurance on all of your children for one low price.
