What does a guaranteed insurability rider allow the insured to do?

A guaranteed insurability rider allows the insured to purchase additional coverage without needing to provide evidence of insurability, such as a medical exam or proof of health status. This feature is particularly valuable for individuals whose health may change over time, as it ensures they can still obtain more coverage even if they develop a health condition that could make them uninsurable in the future.

The ability to purchase additional insurance without proving good health is a key advantage of this rider, offering peace of mind and financial protection that adapts to the insured's evolving needs. Moreover, it often comes into play during specific life events, like marriage or the birth of a child, making the rider a flexible option for enhancing life insurance protection.