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      Question

      In insurance terminology, what is an add-on to a basic

      insurance policy that offers additional coverage or modifies policy terms called?
      A Deductible Correct Answer Incorrect Answer
      B Premium Correct Answer Incorrect Answer
      C Rider Correct Answer Incorrect Answer
      D Surrender Value Correct Answer Incorrect Answer
      E Bonus Correct Answer Incorrect Answer

      Solution

      A rider is an optional add-on to a standard insurance policy that provides additional benefits or coverage.

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