There are four common riders available on life insurance policies. In no particular order they are Accidental Death Benefit, Guaranteed Insurability Option, Disability Waiver of Premium, and Children’s Protection Rider (CPR). Out of all of those, CPR is the only product I routinely recommend.
In most cases putting life insurance on children doesn’t make […]

Disability Waiver of Premium is another rider available on life insurance policies (for other common riders see Accidental Death Benefit).
Disability waiver or premium (WP) is intended to waive your premiums should you become disabled. More specifically this rider will pay your life insurance premiums after generally 90, should you become disabled per the definition […]

Most life insurance policies in Canada have a number of options available. These options are called ‘riders’ in the industry. One of the most prevalent riders is Accidental Death.
The Accidental Death rider pays out an additional death benefit should you die as the result of an accident. That may sound nice, but […]