What is a rider?

• A. An endorsement added to a policy that modifies coverage or adds benefits.
• B. The base policy.
• C. A separate policy.
• D. A payment option.

Answer: (A)

Riders are endorsements added to a life insurance policy that modify coverage or add benefits beyond the base contract. They allow customization without rewriting the entire policy. For example, a rider can provide extra coverage for accidental death, waive premiums if the insured becomes disabled, or add a benefit rider for specific needs. Riders may require an additional premium or different terms, and they sit with the base policy as part of the overall agreement. They are not the base policy itself, not a separate policy, and not a payment option.