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Exit Guide

What are Additional Riders in an Insurance Policy?

A Rider is an additional benefit that you can buy and add to your base Insurance Policy.

You can buy Riders at the time of buying the base Insurance Policy or at a later date.

4 Things to remember while buying additional riders-

  • It should be relevant and useful to you.

 

  • Calculate if you will be able to pay the extra Premium amount.

 

  • Read the terms and conditions of the Rider, see if it puts a big share of the loss on you.

 

  • Understand the scenarios that the Rider covers and does not cover.

Points to remember:

Points to remember:

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    A Rider is an additional benefit that you can buy and add to your base Insurance Policy.

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    Think carefully whether the Rider will be useful to you before buying it.

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    Calculate the extra premium and decide if you can afford it before buying the Rider.

Let's learn about 5 things you need to look out for while buying an insurance policy

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