Buying a term insurance plan? Don’t forget to include riders

| April 18, 2019

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Who doesn’t like something extra which provides a value-added benefit? In a term insurance plan, there are extra coverage benefits which you can opt and make your cover more comprehensive. Do you know about such extra benefits? They are called riders. If you are looking for a term insurance plan, you would come across the word ‘rider’ in many plans. Most of you don’t understand the meaning of the word and so avoid opting for the available riders. This is a mistake. Riders provide you with a better scope of coverage and make your plan comprehensive. Let’s understand what riders are and how they prove beneficial – What is a rider? A rider is an additional coverage clause which you can add to your basic term insurance plan. When the rider is added, an extra coverage benefit is added to the plan. The choice of a rider is completely voluntary and depends on you, the policyholder. If you want, you can add one or more available riders to the base policy for added protection.

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Gruppo Unipol

The Unipol Group is the second insurance group on the Italian market, the first in Non-Life business and among the top ten in Europe. Unipol adopts an integrated offer strategy and covers a complete range of insurance and financial products, operating in the areas of non-life insurance, supplementary pensions and healthcare.

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