Family Income Rider

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Dictionary Says

Definition of 'Family Income Rider'

An addition to a life insurance policy that provides the beneficiary with an amount of money equal to the policyholder's monthly income if the policyholder dies. A family income rider is a type of death benefit, and specifies the term for the additional coverage. It eventually expires if it is not enacted.
Investopedia Says

Investopedia explains 'Family Income Rider'

In some cases, the beneficiary may choose a lump sum rather than receiving monthly payments. Younger wage-earners will typically choose a longer length of time for coverage because they have more working years left before retirement, and would therefore cause a larger financial hardship to their families if they died.
Search results for

'Family Income Rider'

  • Let Life Insurance Riders Drive Your Coverage

    http://www.investopedia.com/articles/pf/07/life_insurance_rider.asp
    ... (To learn more, see Protecting Your Income Source.) 5. Family Income Benefit Rider
    In case the insured dies, this rider will provide a steady flow of income to ...

  • Introduction To Annuities: Variable Annuities | Investopedia

    http://www.investopedia.com/university/annuities/annuities6.asp
    ... Minimum Income Rider, 1.25%, $1,250. Total, 3.4%, $3,400. ... Purchasing the minimum
    income rider should also have an effect on the investorÂ’s investment strategy. ...

  • Should Your 401(k) Be In An Annuity?

    http://www.investopedia.com/articles/retirement/10/401k-annuity.asp
    ... Someone who purchased an income benefit rider inside the ... Although the income and
    death benefit riders can provide ... 10 Things Your Family Can Do This Summer For ...

  • Top 8 Estate Planning Mistakes Slideshow | Investopedia

    http://www.investopedia.com/slide-show/estate-planning-mistakes
    ... your income in terms of supporting your family, then the ... Calculating how much yearly
    income you will need to ... Having a dread disease rider on your policy or ...

  • Top 8 Estate Planning Mistakes Slideshow | Investopedia

    http://www.investopedia.com/slide-show/estate-planning-mistakes/tax-free-gifts.aspx
    ... your income in terms of supporting your family, then the ... Calculating how much yearly
    income you will need to ... Having a dread disease rider on your policy or ...

  • Top 8 Estate Planning Mistakes Slideshow | Investopedia

    http://www.investopedia.com/slide-show/estate-planning-mistakes/terminal-illness.aspx
    ... your income in terms of supporting your family, then the ... Calculating how much yearly
    income you will need to ... Having a dread disease rider on your policy or ...

  • Top 8 Estate Planning Mistakes Slideshow | Investopedia

    http://www.investopedia.com/slide-show/estate-planning-mistakes/life-insurance.aspx
    ... your income in terms of supporting your family, then the ... Calculating how much yearly
    income you will need to ... Having a dread disease rider on your policy or ...

  • Top 8 Estate Planning Mistakes Slideshow | Investopedia

    http://www.investopedia.com/slide-show/estate-planning-mistakes/get-started.aspx
    ... your income in terms of supporting your family, then the ... Calculating how much yearly
    income you will need to ... Having a dread disease rider on your policy or ...

  • Top 8 Estate Planning Mistakes Slideshow | Investopedia

    http://www.investopedia.com/slide-show/estate-planning-mistakes/alternative-estate.aspx
    ... your income in terms of supporting your family, then the ... Calculating how much yearly
    income you will need to ... Having a dread disease rider on your policy or ...

  • Top 8 Estate Planning Mistakes Slideshow | Investopedia

    http://www.investopedia.com/slide-show/estate-planning-mistakes/details.aspx
    ... your income in terms of supporting your family, then the ... Calculating how much yearly
    income you will need to ... Having a dread disease rider on your policy or ...

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