Term life insurance can be purchased in periods of 10 to 40 years and is usually a very budget-friendly option. Insurance is not a one-size-fits-all solution and one of the ways to customize coverage is by taking advantage of Term Riders.
- Term Riders can be stacked on top of a base term policy for 10, 15 or 20 years
- Term Riders will automatically drop off at the end of the additional insurance rider coverage period
- When a rider expires, the premium due and total coverage will be reduced by the Term Rider amount
Use Term Riders to get clients the right amount of coverage, for the right amount
of time.