Q. What is "Rider" in the context of insurance?
Answer: An additional coverage or benefit attached to the main policy
Notes: A rider is an optional add-on benefit that can be attached to an insurance policy for enhanced coverage, such as critical illness or accidental death riders.
Question Source: 📚This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations. Download the app here.
📌 Question Number: 4 in Important Terms Related to Insurance Sector in the above course in App.