Life Insurance Basics
What is a life insurance spouse rider?
A spouse rider adds life insurance coverage for your spouse to your life insurance policy. The spouse rider is typically less expensive than a separate policy for your spouse. Coverage amounts are typically $10,000-$100,000. The spouse rider can often be converted to a permanent policy.
Key Points
- Spouse rider: adds coverage for your spouse to your policy
- Typically less expensive than a separate policy
- Coverage: typically $10,000-$100,000
- Can often be converted to permanent policy
- An independent agent can compare spouse rider vs. separate policy for your spouse