Which of the following is an optional feature that can be added to a policy?

A)
Maturity Value
B)
Sum Assured
C)
Rider
D)
Annuity

Correct Answer : Option (C) - Rider



A rider is a provision of an insurance policy that is purchased separately from the basic policy and that provides additional benefits at additional cost.

Published On : June 2, 2021
Category : Insurance and Finance