You have several extra options you can add to your original policy.
Some options are better than others, depending on your situation.
For example, there’s a rider that would allow you to go on a bucket list trip or can cover up to all of your medical expenses, if a certain requirement is met.
Another option is a rider that provides a death benefit for your children, up to $25,000 each.
There are many different benefits you can add on as a rider, your agent can help you decide which would be a good fit for you.
Join me in this episode as I discuss the different rider options, how you can get the most out of your existing death benefit, and much more!
Listen now!
Show Highlights Include:
- How to pause your premiums if you become too hurt (or sick) to work (1:01)
- #1 reason why people end up dropping their life insurance which bites them back later on (and how you can prevent this) (2:04)
- Get this “Guaranteed Insurability” Rider before you turn 40 to purchase extra coverage of up to $50,000 (3:21)
- How to add coverage for 6 children with one extra fee (Note: each child will be covered for up to $25k until they’re 25 yr old) (5:11)
- How to get your children a death benefit contract for up to $125,000 when they turn 25 (5:39)
- Use this “CC Protection” Rider to access up to 25% of your death benefit to pay for a critical illness (9:03)
- How to access up to 50% of your death benefit if you cannot bath or walk (9:32)
- Take advantage of the “Terminal Illness” rider to help cover your medical expenses or take a fantastic trip to somewhere exotic (10:43)