All life insurance companies offer add-ons or “riders” to their policies. Some of these riders can be worth the additional premium, depending on your unique situation. I will cover the most common and important riders to consider. The types of riders vary among the carriers and the life insurance products they offer.
Waiver of Premium
This rider is the one most frequently added to life insurance policies. The Waiver of Premium rider comes into play in the event of a disability.