Add-ons are additional benefits that can be opted by the policyholder, and added to the basic policy in exchange for extra premiums.
In Life Insurance, add-ons are usually referred to as Riders.
Riders are add-ons to a standard insurance policy.
Add-ons are additional benefits that can be opted by the policyholder, and added to the basic policy in exchange for extra premiums.
In Life Insurance, add-ons are usually referred to as Riders.