The video provides an overview of various riders that can be added to insurance policies to offer additional coverage and protection. It explains the purpose, eligibility, benefits, and costs associated with different riders such as the Accelerated Death Benefit Rider, Accidental Death Benefit Rider, Disability Income Rider, Guaranteed Insurability Rider, Waiver of Premium Rider, Child Rider, Chronic Illness Rider, and Terminal Illness Rider. Each rider is designed to address specific needs and circumstances, allowing policyholders to customize their insurance coverage. The video emphasizes the importance of understanding the terms, conditions, and exclusions of each rider to make informed decisions.
Contributors: Tiana Zhao, FSA, CERA; Ryan Bruner, FSA, MAAA; Scott Allen FSA, MAAA; Jon Forster ASA, MAAA