# Rider

*Insurance — Finicade finance glossary*

A rider is an add-on that changes a policy standard terms — scheduling a valuable item, adding accidental death cover, waiving premiums if disabled.

A rider is an add-on that changes a policy's standard terms — scheduling a valuable item above its sub-limit, adding accidental death cover to a life policy, waiving premiums during disability. Riders are how a standard contract is fitted to a non-standard situation. They're also a profitable product line, so each one deserves the same test as the base policy: does it cover a loss you genuinely couldn't absorb?

**Also known as:** endorsement, policy add-on

**Related terms:** [Exclusion](https://finicade.com/glossary/exclusion), [Policy Limit](https://finicade.com/glossary/policy-limit), [Insurance](https://finicade.com/glossary/insurance), [Life Insurance](https://finicade.com/glossary/life-insurance), [Homeowners Insurance](https://finicade.com/glossary/homeowners-insurance)

Source: https://finicade.com/glossary/rider