Riders May Be Optional, But They Make Insurance Truly Protective

When it comes to buying life insurance, most people stop at the basics—sum assured, premium, and tenure. But what's often overlooked are the small yet powerful features that determine how well your insurance policy protects during a life crisis.

- RAJIV SHRIVASTAVA Zonal Director, South, SBI Life Insurance

That's where insurance riders come in.

Insurance riders—the optional add-ons available with most life insurance plans—often receive little attention at the time of purchase. They seem like small extras, easy to dismiss. But they can dramatically improve the way your insurance policy works when it's needed most.

What are Riders?

Most of the policyholders do not buy riders despite rising concerns around lifestyle diseases and income disruptions. This isn't about affordability—it's about awareness.

Riders are add-ons or supplemental benefits that a policyholder can attach to their base insurance policy for additional coverage. They are designed to customize life insurance policy based on real-life risks: an unfortunate accident or a disability that disrupts income. These are scenarios where your base policy might not be enough or may not offer the kind of financial support your family really needs.

Key Riders: