What is a rider that allows you to add family members to your insurance policy called?

Prepare for the Tennessee Life and Health Insurance Exam. Hone your skills with flashcards and multiple choice questions, each with detailed explanations and hints. Ensure you're set for success!

The correct answer is the "Other insured rider." This type of rider allows policyholders to include additional family members as insured individuals under an existing life insurance policy. By adding this rider, the primary insured can expand their coverage to include spouses, children, or other family members, providing financial protection for these individuals in case of their death.

In contrast, the cost of living rider is designed to increase the benefit amount in line with inflation and does not pertain to adding additional insureds. Term riders typically provide additional coverage for a specified term but don’t specifically address adding family members. The accidental death rider offers enhanced benefits if the insured dies due to an accident, which is unrelated to extending coverage to other family members.

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