A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- PolicyThe written contract between you and an insurer that spells out what is covered, for how much, and under what terms.
- PremiumThe regular payment you make to keep an insurance policy active, usually billed monthly, quarterly, or yearly.
- Term Life InsuranceLife coverage that lasts a set number of years and pays a benefit only if you die during that term.
- Whole Life InsurancePermanent life coverage that lasts your entire life and builds a savings component known as cash value.
- ExclusionA situation or item a policy specifically does not cover, spelled out so you know where your protection stops.
- Coverage LimitThe most an insurance policy will pay for a covered loss, above which you cover the rest yourself.
Turn this into a brick
Knowing what Rider means is knowledge — the first half. A brick gets placed when you act on it.
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Plain-English education — not personalized legal, tax, or investment advice.