What Is A Life Insurance Rider? 
A life insurance rider is a policy provision that sets it apart from a basic policy offered by that same company . The rider adds a benefit to the policy , usually -LRB- but not always -RRB- at an additional cost . Some riders are as follows : Child Rider - adds coverage for all the children in the family for the cost of one rider . Terminal Illness Rider - allows up to 50 % of the death benefit to be taken in cash if diagnosed with a terminal illness . Waiver of Premium Rider - pays the life insurance premium if you were to become disabled . Disability Income Rider - provides income in case of disability , as a disability insurance policy would do . Chronic Illness Rider - would pay for extended care needs . Critical Illness Rider - would pay a lump sum if diagnosed with certain diseases . Accidental Death Rider - would pay extra is the cause of death was an accident . 