Which Of These Life Insurance Riders Allows The Applicant. Budgeting is a breeze now. On your own or with a licensed agent.
Whole life insurance lasts the duration of the applicant’s life and allows the policyholder to take out loans against the cash value of their policy. This rider allows you to purchase additional insurance coverage in the stated period without the need for further medical examination. Additional coverage could be added to a policy by adding :
P purchases a $50,000 term life insurance policy in 2005. What action can a policyowner take if an application for a bank loan requires collateral? The policy is then issued with no scuba exclusions. Here are some common riders found in whole life insurance policies.
