InsuranceIntestate War risk Mortgage insurance Estate taxes Named-perils agreement Electronic commerce / e-commerce
Term Insurance Rider
A life insurance policy can come with an endorsement or attachment that offers extra term coverage for a designated amount. In the unfortunate event of the insured's death during this term, the beneficiary(ies) named in the policy can receive the death benefit proceeds. This additional coverage provides peace of mind and financial security for loved ones. It is important to carefully consider and understand all components of a life insurance policy before making a decision.
Related terms
Understand the meaning and definition of Intestate in the context of stock market, trading, and investments.
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