When you are buying an insurance policy, it is important to include riders. These riders are special provisions or amendments that provide specific extra coverage to your policy. They may be free of charge or subject to a fee. Your lifestyle and needs determine the riders that you need. Here are the most common ones that most policy holders have.

The first is accidental death benefit. This rider increases the death benefit paid to the beneficiaries if ever the policy holder dies as a result of an accident. Next is the waiver of premium. According to this rider, if the policy holder becomes disabled, he will not make any repayments as long as he remains disabled and he loses his income as a result of his injury. A variation of this is the disability income rider which allows the policy holder to maintain a monthly income if he is permanently disabled.

Finally, the family income benefit rider allows the family to receive monthly payments instead of a lump sum death benefit. This allows the beneficiaries to have a monthly income for a specified amount of time. Check with your provider for information on more riders you may need.