NSWIn ForceAct
Duties Act 1997
241What is a “life insurance rider”?
Start here
Get a plain-English read of 241
Turn the raw legal text into a practical explanation grounded in Duties Act 1997.
241 What is a “life insurance rider”?
241 What is a “life insurance rider”?
A life insurance rider is insurance that—
(a) is attached to a policy of life insurance, and
(b) adds specified events and contingencies to those insured under the policy, and
(c) is subject to the terms and conditions of the policy.