Rider

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Rider

A form accompanying an insurance policy that alters the policy's terms or coverage.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Rider

An amendment to a document, especially an insurance policy. More formally, it is called an endorsement. The insurance company may issue the rider to change the terms of coverage, or the policyholder may do so, especially to add a family member to the policy. Generally, riders increase coverage in exchange for higher premiums.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.

rider

(1) An amendment or attachment to a contract. (2) Commonly used to indicate additional terms or coverages for standard insurance contracts.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
As a regular in Botswana cycling events, Hoffman said he realised the need to develop the riders and enhance their riding skills and bicycle set-ups.
According to the authority, 296.22 million riders used public, shared transport, compared to 277.91 million riders for the same period last year.
Riders also had the opportunity to participate in various activities geared towards their interests.
Riders - Dame Sarah Storey, Elynor Backstedt, Monica Dew, Lucy Gadd, Chanel Mason, Amy Monkhouse, Kelly Murphy, Dani Parker, Caitlin Peters.
During the weekend, the young riders who have been training during the season competed in the on road track in different categories -- 21 riders in Minimotard 70, 13 riders in MiniGP 110 and 10 riders in Supermotard 125.
class="MsoNormalHowever, an outcry by boda boda riders made the ministry to extend the deadline for compliance until May 1 this year.
[ClickPress, Tue Apr 09 2019] Globally, the development of assistive systems for improving the safety of the bike riders. Is increasing.
Around 10,000 riders joined the protest dubbed "Unity Ride" in Metro Manila.
The motorcycle riders gathered early Sunday at the People Power Monument, rode to North Edsa, then proceeded to Pasay City.
The figure reflects a notable increase from the previous year (2017); which amounted to 569 million riders. The daily public transport ridership clocked 1.610 million riders in 2018; which compares well with 1.56 million riders reported in 2017.
Raquid said Lapeceros and his team were implementing the order of DCPO director Alexander Tagum to apprehend motorcycle riders who do not wear a helmet and those who are driving under the influence of liquor and illegal drug.
In a bid to increase revenue collection and boost access of town, taxi operators and boda boda riders were moved from the busy Kisii-Migori-Isebania highway to allow for expansion of the town's bus park.