Who doesn’t like something extra which provides a value-added benefit? In a term insurance plan, there are extra coverage benefits which you can opt and make your cover more comprehensive. Do you know about such extra benefits? They are called riders.

If you are looking for a term insurance plan, you would come across the word ‘rider’ in many plans. Most of you don’t understand the meaning of the word and so avoid opting for the available riders. This is a mistake. Riders provide you with a better scope of coverage and make your plan comprehensive. Let’s understand what riders are and how they prove beneficial –

What is a rider?