Just like biryani with extra add-ons of Raita or Chaas, which makes your meals more indulgent, a Rider is a special top-up that can be added to a policy at an additional cost. For example, by adding a Waiver of Premium Rider to a term product at an extra fee, policyholders can secure themselves against the burden of future premiums in case of death, critical illness & accidental disability.
In other words, all future premiums are waived and borne by the insurance company if anything unfortunate happens to the policyholder.