Economics · Insurance

Which of the following refers to an additional provision or benefit that is attached to a base insurance policy at a nominal cost?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Money-back provision
2Reinsurance
3Reimbursement
4Rider✓

Correct answer

Rider

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Which of the following refers to an additional provision or benefit that is attached to a base insurance policy at a nominal cost?

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