Whole Life Insurance Riders: Critical Illness Riders, Hospital Cash Riders on Whole Life Insurance

Overview

Riders are attachments or amendments to an insurance policy that adds to the coverage in the policy. For instance, a waiver of premium rider will allow you to continue your endowment life coverage for a limited time if you cannot pay the premium.

Riders available for whole life insurance:

Critical illness
Waiver of premium
Accidental death and dismemberment
Accelerated sum assured
Partial and permanent disability
Hospital cash

Whole Life Riders: Basics

Term Rider

If the insured were to die, the sum assured under the term rider is payable to the nominee. ......

Rider, adds the extra bit in life insurance

Ride on additional benefits in life insurance, here's how . Riders are additional benefits that can be purchased with a life insurance policy to spread the risk cover. ......

Critical illness benefit rider takes care of unforeseen medical expenses

The Critical illness benefit rider will take care of your medical expenses in event of a critical disease. ......

Accidental Disability/Dismemberment Benefit Rider

Safeguard yourself against disabilities ,arising as a result of accidents , during the term of the insured's life insurance policy with Accidental Disability/Dismemberment Benefit rider . ......

Whole Life Riders: Opinion

Life Insurance for Young Working Professionals

If you are young and working, there is no time like now to get yourself adequately insured. There is just too much sense not to do so. ......

Whole life insurance policy - an estate planning tool

What is estate planning? Can a whole life insurance policy be an estate planning tool? Get answers to your questions right here. ......

Decision-making Corner

Returns on Whole Life Policy vs. Inflation Calculator
Do the returns on my whole life policy beat inflation?
Should I Continue My Whole life Policy?
Use this calculator to find out if you should continue your whole life policy or invest the premium amount saved in other avenues.
Endowment vs. Whole Life Comparator
Use this comparator to compare a whole life insurance policy and an endowment policy.
Insurance Planner
Use this calculator to find out how much life insurance you need.