Tag: "Accidental Death"
What Is A Life Insurance Rider?
I was recently asked this question,”What is a life insurance rider?” I did not realize that someone would not know what it really means. The best way to explain what a life insurance rider is as follows: Riders are modifications to the basic insurance policy added at the same time the policy is issued. Riders [...]
What is a life insurance policy?
Life Insurance is a contract between the policy owner and the insurer. The insurer agrees to pay a sum of money in the event of the policy holders death to the designated Beneficiary. A Life Insurance Policy is based upon life of the person named in the policy. The policy is paid out when the [...]
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