Dictionary of Business Terms: rider
rider
endorsement to an insurance policy that modifies clauses and provisions of the policy, adding or excluding coverage.
Dictionary of Finance and Investment Terms: rider
rider
written form attached to an insurance policy that alters the policy's coverage, terms, or conditions. For example, after buying a diamond bracelet, a policyholder may want to add a rider to her homeowner's insurance policy to cover the jewelry.
Dictionary of Insurance Terms: rider
rider
endorsement to an insurance policy that modifies clauses and provisions of the policy, including or excluding coverage.
Dictionary of Real Estate Terms: rider
rider
an amendment or attachment to a contract. Same as addendum.
Example: A rider to Owen's homeowner's policy insured the valuable paintings against fire and theft losses.
