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Cost-of-living rider

An Option that permits an Insurance policy holder to Purchase increasing Term insurance Coverage, to keep up with expected increases in the cost of living.

Related Terms: 12 Coverage, Cover, Insurance, Insurance policy, Inc., ITS, Option, Purchase, Policy, Permit, Term, Term insurance
Other Related Pages: Category: Insurance Starting With: C
Additional Related Terms: 10-K, Accelerated Cost Recovery System, Acquisition cost, Accrual of discount, Amortization of premium, At par, At best, At call, Accommodative monetary policy, Adjustable life insurance