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Senior Life insurance
Riders in Life insurance policy you should know
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[QUOTE="Knowlopedia, post: 6064, member: 41"] One of the most important concerns for life insurance policy holders is how to make their own riders, or additions to the life insurance policy that can protect people who may be affected in the future. There are different types of riders, and they can add a lot of value when they’re used at the right time. Here are some of the most important riders that people should consider when they’re making their own life insurance policy. Family Riders: These are probably one of the most common types of riders that should be taken. They will allow people to ensure that the families of a person who has died will be provided for in the future. There are two different types of family riders, and they’re called family cash value and family paid-up additions. The first type is essentially an investment account that a spouse or child can put money into, while the other rider will provide guaranteed funds to a child or spouse without them having to actually earn it themselves. [/QUOTE]
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Riders in Life insurance policy you should know
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