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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