A provision of an insurance policy that is purchased separately from the basic policy and that provides additional benefits at additional costs called a(n)
A)binder.
B)insuring agreement.
C)endorsement.
D)rider.

Question

Quizplus · Accepted Answer

A rider is an additional provision or attachment to an insurance policy that provides additional benefits at extra costs. It can be purchased separately from the basic policy and can be used to customize coverage to meet the specific needs of the policyholder.

A Provision of an Insurance Policy That Is Purchased Separately