I've heard that a rider can make a disability insurance policy more effective. Is that true? How many such riders are there?
Total Comments: 1
Posted: Thu Sep 16, 2010 04:40 pm Post Subject:
What "more effective" do you mean? Using the money to pay for Long Term Care expenses might do that. But an exclusionary rider (usually called an "endorsement") is a take-away, meaning something you might think should be covered is not. Like an exclusion for pregnancy/maternity leave not due to illness or injury, or the health of the mother or unborn child.
Posted: Thu Sep 16, 2010 04:40 pm Post Subject:
What "more effective" do you mean? Using the money to pay for Long Term Care expenses might do that. But an exclusionary rider (usually called an "endorsement") is a take-away, meaning something you might think should be covered is not. Like an exclusion for pregnancy/maternity leave not due to illness or injury, or the health of the mother or unborn child.
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