Share on facebook
Share on twitter
Share on linkedin
Share on email

Life insurance riders are customized terms that you can add to your life insurance policy. Most people use life insurance riders to customize their coverage to fit their financial needs later in life, such as putting aside funds to save for a child’s college education or a charity rider, which allows them to designate a portion of their life insurance payout to go to their favorite non-profit. While some riders (like a term conversion rider) are free, most life insurance riders will increase the cost of your policy.  

Some add-ons are worth the additional cost, as they can make your policy work best for you to help you save money, protect against illnesses or medical costs later in life, and even fund retirement. Your licensed life insurance agent can best help you find the riders you need, but we’re covering popular options to help you get started.  

Family and child life insurance riders

If you are married, have children or other dependents, you should consider adding coverage that would best protect their financial situation if anything happened to you. A child insurance rider would cover funeral expenses if the unthinkable happened and your child were to pass away: this rider would step in and cover any end-of-life expenses, providing you with the space to grieve.

A spousal rider works similarly: If your spouse passes away you could receive the policy’s death benefit.  

This rider is a good option for families with sole or numerous breadwinners, as it offers financial protection that could cover childcare, medical expenses or even a mortgage if one contributing breadwinner were to pass away. 

Charitable giving rider

A charity rider is a popular option for anyone with a term life insurance policy. When you purchase your policy and select your beneficiaries, the charity rider allows you to select a non-profit of your choice as an additional beneficiary on your policy. Your chosen organization will receive a payout from the life insurance company if you pass away and your policy beneficiary submits a claim.  

Read More
Learn how you can get instant-decision term life insurance with a charity rider included for free – with Quility Level Term life insurance.
Critical illness insurance rider

The critical illness rider pays out an accelerated benefit by taking money from the death benefit of your policy to cover treatments for certain illnesses while you’re alive.

Covered conditions generally include heart attack, cancer, stroke or kidney failure. If you pass away, your beneficiary will receive the remainder of the money left within your policy that was not withdrawn to cover your treatments.

Waiver of premium rider
This popular rider waives your policy payments if you meet certain conditions. The waiver of premium for disability insurance rider will waive your premium payments if you face a disability and are unable to work.
Return of premium rider

One of the most popular riders available, the return of premium rider, refunds the premiums you made throughout the life of your policy if you outlive your policy. This can benefit those with a term life insurance policy that lasts between 10-30 years, as they could receive a full refund if they don’t need to use the coverage. This rider is on the expensive side but that can often outweigh the potential payback received at the end of the policy term.

When purchasing life insurance, be sure to ask your licensed agent if a return of premium rider would benefit your unique needs.
Guaranteed insurability rider

This rider allows you to change your coverage amount later in life. You will have to pay more for your updated policy, but this cost will be much less than going through the qualification process and purchasing a new life insurance policy.  

Most people select this rider if they plan to get married or have children later in life, as it can adjust to their lifestyle later in life while allowing them to keep premium costs lower initially.  

Long-term care rider

In the event you should need to stay in a nursing facility or receive home care, a long-term care rider on your life insurance policy would step in to cover monthly payments. You can also purchase this coverage on its own.  

Accidental death and dismemberment (AD&D) rider

If you have a “risky” career or enjoy high adrenaline activities such as skydiving, your agent might recommend an AD&D rider for your policy. This rider would pay money from the death benefit of your policy if you were injured and lost a limb in an accident. If you die, the policy will pay out to your beneficiaries.

Since this rider has strict requirements about the cause of death of the policyholder, it’s less popular (and costlier) as an add-on.   

How to determine if you need life insurance riders

While some life insurance riders provide great benefits, others can be a waste of money. Depending on your lifestyle and financial situation, your life insurance agent could best help you determine if you need any riders on your policy. If you have a high-risk job, you plan to get married/have children later in life or you have a complicated family medical history, the right rider could help you stay financially protected through life’s unexpected moments. 

Want to customize your life insurance the affordable way?

Schedule a free consultation with a licensed Quility agent or continue to our 10-minute online application for Quility Level Term, which includes a free charity rider! No matter your budget or needs, we can find a policy that will protect you through all of life’s unexpected moments.  

Let’s Get Started

If you are ready to get coverage now, our online application takes less than ten minutes.

Related Articles

man and woman sitting on floor paying off debt with Debt Free Life
Myths About Paying Off Debt
man and woman riding bikes life insurance day
10 Common Questions About Life Insurance
Quility wins Gold Stevie award for Insurance
Quility Named A Gold Stevie® Award Winner in the Insurance Category

Featured Articles

Quility & Habitat for Humanity Come Together for Women Build
Strong Foundation Life Insurance for Diabetics
How To Make an Impact During National Volunteer Month
Calie Brummer
Head of Digital Communications
Calie Brummer is a staff writer and Head of Digital Communications at Quility Insurance with a focus on financial well-being and life insurance solutions.

In order to qualify for Debt Free Life, an individual must be paying their bills on time and/or making overpayments on their existing loans.

Total Consumer Debt

Please include your personal loans, credit card debts, auto loans and any other debt you have accrued. Please exclude any mortgage balances.

Have questions?

Get in touch with us today at (888) 784-5489 or chat with an agent.
Gender at Birth

If you do not identify with either male or female, or if you identify with a gender that is different from your gender at birth, please select your gender assignment at birth for your application for coverage. Insurance rates are determined by your sex at birth, so providers require us to ask this.

If you have any questions, please feel free to contact us – our team is committed to making sure all customers feel welcome and respected.

Enter your email to download the full life insurance guide!

You can download the guide directly from our site and sign up to receive our newsletter.


The rates shown are based on past examples of quotes provided to people based on their demographic information. These are examples of the kinds of rates you can expect. All life insurance quotes and approvals are based on age and overall health at the time of purchase. Generally, non-smokers in good health will get the most affordable life insurance rates.

To get your real rate, fill out our short form.


The samples shown above are real numbers from past Debt Free Life clients. They are examples of the types of quotes you can expect but are presented for example only.

To get your real rate, fill out our short form.


The rates shown are based on past examples of quotes provided to people based on their demographic information. These are examples of the kinds of rates you can expect. All life insurance quotes and approvals are based on age and overall health at the time of purchase. Generally, non-smokers in good health will get the most affordable life insurance rates.

To get your real rate, fill out our short form.

The Basics

Resources to help you select the right insurance solution for your family.

Life Insurance 101

Your most asked life insurance questions, answered.


Informative articles on life, insurance and retirement.


Get the answers to all of your life insurance questions

Featured Blogs

Get a Quote

See how affordable Life Insurance can be.

  • I was born on

  • My gender at birth was

  • I have used nicotine or tobacco products in the last 2 years

  • I'm looking for coverage in the amount of

  • With a policy length of

    Policy length help…

    This is how long your policy will be in force. We typically recommend choosing the length of time that your beneficiaries will be dependent on your income.

    Want help from an expert?

    Contact our support team at (800) 994-9916 or

  • My Contact Information

  • This field is for validation purposes and should be left unchanged.
for as low as
per month*