What is a Rider on a Life Insurance Policy?

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is a rider?

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1. Which rider adds coverage for children?

2. Sue has just been diagnosed with a very aggressive form of cancer, and the doctor tells her she only has six months left. Which of the following riders will help her?

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About This Quiz & Worksheet

Explore the worksheet and quiz to figure out how much you know about a rider on a life insurance policy. You will be quizzed on different types of riders.

Quiz & Worksheet Goals

The multiple-choice quiz questions test your knowledge of:

  • The rider that lets you renew your policy without the proof of insurance
  • A rider that increases the value of your life insurance policy to cover inflation
  • The definition of a rider
  • Type of rider that adds coverage for children

Skills Practiced

  • Information recall - access the knowledge you have acquired about the rider that is ideal when life-threatening situations are presented
  • Knowledge application - use your knowledge to answer questions about different types of riders
  • Interpreting information - verify that you can read information regarding the meaning of a rider and interpret it correctly

Additional Learning

Master more material about these insurance topics using the lesson called What is a Rider on a Life Insurance Policy?. Complete the lesson to cover these objectives:

  • Determine what a life insurance policy is
  • Identify the different types of riders
  • Understand why it's important to choose a rider for an insurance policy
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