Advanced Riders for Customizing Your Policy

In addition to basic riders, some policies offer specialized riders for more comprehensive coverage:

• Long-Term Care Rider: Provides funds to cover long-term care needs, such as in-home care or nursing facilities. Funds typically come out of your policy’s death benefit.
• Family Income Benefit Rider: Provides regular income to your beneficiaries over a set number of years, rather than a lump-sum death benefit. This can help families replace lost income.
• Cost of Living Rider: Increases your death benefit in line with inflation over time, so your coverage doesn’t lose value due to rising costs.
• Guaranteed Insurability Rider: Allows you to purchase additional coverage in the future without another medical exam, which is useful if your health declines.