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Rider |
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Rider A provision in an insurance policy allowing for amendments to its terms and/or coverage. Notes: Riders are not necessarily found in all polices and because all riders provide some kind of benefit to the policy owner, an extra premium may be charged for them. An example of a rider being used is when a policy owner seeks temporary coverage during a public event. Rider A form accompanying an insurance policy that alters the policy's terms or coverage. |
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