Rider
A provision in an insurance policy allowing for amendments to its terms and/or coverage.

Investopedia Says:
Riders are not necessarily found in all polices and because all riders provide some kind of benefit to the policy owner, an extra premium may be charged for them. An example of a rider being used is when a policy owner seeks temporary coverage during a public event.

Related Terms:
Guaranteed Minimum Accumulation Benefit - GMAB
Life Insurance
Permanent Life Insurance
Term Life Insurance
Waiver Of Premium Rider

• Fiscal Year (FY)
• Fiscal Year (FY)
• Fisher Effect
• Fisher's Separation Theorem
• Fitch Sheet
• Five Against Bond Spread (FAB)
• Five Against Bond Spread (FAB)
• Five Against Note Spread (FAN)
• Five Cs Of Credit
• Five-Year Rule
• Fixed Annuity
• Fixed Asset
• Fixed-Charge Coverage Ratio
• Fixed Cost
• Fixed Exchange Rate
• Fixed-For-Fixed Swaps
• Fixed-For-Floating Swap
• Fixed Income
• Fixed-Income Arbitrage
• Fixed Income Clearing Corporation (FICC)
• Fixed Income Clearing Corporation (FICC)
• Fixed-Income Security
• Fixed-Income Style Box
• Fixed Interest Rate
• Fixed-Period ARM