Rider

An insurance rider — also called an endorsement or add-on — is a supplementary benefit or clause that can be attached to a base insurance policy to extend, customise, or enhance its coverage, typically for an additional premium. Common riders in life insurance include the critical illness rider, accidental death benefit rider, waiver of premium rider, and term rider — each providing specific coverage over and above the base policy. Riders allow policyholders to tailor insurance solutions to their specific financial protection needs without purchasing separate standalone policies. For comprehensive financial planning on Ventura Securities, understanding available riders is essential to building a complete risk protection framework alongside investment strategies.