Rider

5 topics · 5 sources

Business› Finance› Insurance

Auto Insurance

A written agreement attached to the policy expanding or limiting the benefits otherwise payable under the policy. Same as an "endorsement."

Business› Finance› Insurance

Homeowners Insurance

A written agreement attached to the policy expanding or limiting the benefits otherwise payable under the policy. Also called an “endorsement.”

Business› Finance› Insurance

Life Insurance

An amendment to an insurance policy that modifies the policy by expanding or restricting its benefits or excluding certain conditions from coverage.

Business› Finance

Personal Finance

A rider is a modification to an insurance policy that typically adds a new coverage or higher coverage in return for higher premiums.

For example, you might add a rider to your life insurance policy to provide coverage for your spouse, or a rider to your homeowner's policy to provide additional liability insurance for a specific event. Dental care and prescription insurance are typical riders on health insurance policies.

Law

US Legislature

Informal term for a nongermane amendment to a bill or an amendment to an appropriation bill that changes the permanent law governing a program funded by the bill.

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