Name one common type of life insurance rider.

The accelerated death benefit rider is a common type of life insurance rider that allows the policyholder to access a portion of the death benefit while still alive, typically in the event of a terminal illness or a specified medical condition. This feature provides financial support to the insured during a time of need, allowing them to cover medical expenses or other costs that may arise due to their condition. The ability to access funds early can be crucial for ensuring comfort and dignity in the final stages of life.

This rider enhances the basic life insurance policy by providing additional flexibility and utility, making it an attractive option for many individuals seeking life insurance. The concept of providing access to death benefits before death can be a significant factor in policyholders' decisions about which riders to include in their life insurance plans, reflecting its prevalence in the insurance market.