ethos life insurance riders

Certain insurance companies allow you to make use of all or part of the refund towards an insurance policy without the need for another medical exam if they would like to maintain your coverage.

There could be an in-between period before the rider generally pays, which is about six months. If your claim is accepted, you'll get reimbursed for the premiums you paid during this waiting. Your tips are paid until you're no more disabled or attain a certain amount of years old, usually in the range of 65 to 70.

Sometimes referred to as sometimes a "living benefits" (or "terminal sickness benefit" rider an enhanced death benefit rider may add to a brand new and existing insurance plan for life.

You can tap into your death benefit in the event that you're seriously ill

A guarantee insurability policy will allow you to purchase additional life insurance in the future without having a medical examination for life insurance or health test.

Some riders that want to receive the death benefit accelerated may cost a few cents however, a rider that offers the return of premiums will cost more as that riders will pay back the amount of dividends paid in the event that the policyholder dies before the end of the term of their the life insurance.

A stand-alone insurance policy will provide more protection than a rider. Specific add-ons may be worth the extra price, based on your requirements. When you purchase your life insurance policy, the broker or agent can assist you in determining which life insurance riders you require.