Life Insurance Policy Riders in Alabama
Reader’s Question:
I recently got married here in Alabama. I want to know what riders I can attach to the basic life insurance policy I plan to get that will greatly benefit my wife and children in case I die or get disabled from an accident.
Benedict
Hoover, AL
I am sure that you can take advantage of the Accidental Death Benefit Rider. In the event of death due to an accident, this rider will give your family an amount equal to your face value, thereby doubling your death benefits.
Or you may also want to attach an Accidental Death and Dismemberment Rider. This rider will give you the same coverage as the Accidental Death Benefit Rider, but will also cover you in case of dismemberment had you survived the accident.
If you want, you can also add a Disability Income Rider to your life insurance policy. This provides for a monthly income if you become disabled. For example, you got into an accident which caused you to be blind for two years. In those two years, your life insurance will pay you a predetermined monthly income.
And another important rider which will greatly help you is the Waiver of Premium Rider. This rider will pay for your premium once you get disabled. Meaning, you won’t have to worry about a single cent in paying for your premiums for the rest of your life.
Benedict, for quotes for your life insurance policy with riders attached to them, please call your agent in Alabama.
Tags: insurance advice, life insurance, life insurance quote
Loading ...