Life insurance coverage for the Orlando, FL area offers essential financial protection for your loved ones in the event of your passing. However, life insurance has evolved to provide more than a death benefit. Life insurance riders, or add-ons, allow policyholders to customize their coverage to meet specific circumstances.

Life Insurance Riders

Accelerated Death Benefit Rider

The accelerated death benefit rider allows you to access a portion of your death benefit if you’re diagnosed with a terminal illness. This rider can provide financial support during a difficult time, helping you cover medical expenses, outstanding debts, or other financial obligations.

Critical Illness Rider

The critical illness rider provides a lump-sum payment if you’re diagnosed with a covered critical illness, such as cancer, heart attack, or stroke. This payment can cover medical treatment, rehabilitation costs, or other financial needs due to the illness.

Waiver of Premium Rider

Life insurance premiums can become a burden if you cannot work due to disability. The waiver of premium rider ensures that if you become disabled and unable to work, your life insurance premiums will be waived while your coverage remains in force.

Accidental Death Benefit Rider

Accidents can happen unexpectedly, and the accidental death benefit rider offers an additional payout if your death results from an accident. This rider can provide added financial protection for your beneficiaries in case of accidental death.

Child Rider

For parents, the child rider allows you to add coverage for your children under your life insurance policy. In the unfortunate event of a child’s death, this rider can help cover funeral expenses and provide financial support during a difficult time.