What Are Riders In Life Insurance? 
Most life insurance riders have an additional cost , and by adding a rider onto a basic life insurance policy , you can customize the policy to better suit your needs . Some riders are very affordable . E.g. . A $ 10,000 child rider will cover all the children in the family for approx $ 75 per year . Another low cost rider is an accidental death rider , which will cause the policy to pay double if death is due to accident . Some more costly riders are Disability Income riders , which essentially act as Disability Insurance policy tacked onto your Life Insurance ; or a Return of Premium rider that will enable a Term policy to return all your premiums if you are alive at the end of the term . Some riders are included in the base price . Many companies offer an accelerated death benefit in case of terminal illness at no extra cost . Some include living benefits , such as being able to use the death benefit while still alive if diagnosed with a chronic or critical illness . 