Rider (redirected from Riders)

Rider

A form accompanying an insurance policy that alters the policy's terms or coverage.

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Rider. A rider is a modification to an insurance policy that typically adds a new coverage or higher coverage in return for higher premiums.

For example, you might add a rider to your life insurance policy to provide coverage for your spouse, or a rider to your homeowners policy to provide additional liability insurance for a specific event. Dental care and prescription insurance are typical riders on health insurance policies.