A document attached to the policy that modifies its coverage by adding or deleting a specified condition is called a(n)

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A document attached to the policy that modifies its coverage by adding or deleting a specified condition is called a rider. A beneficiary is the person designated to receive the benefits from the policy. A waiver of premium is a provision that allows the policyholder to stop paying premiums if they become disabled. An automatic premium loan is a provision that allows the insurer to borrow money from the policy's cash value to pay premiums if the policyholder fails to pay them. An incontestability clause is a provision that limits the time frame within which an insurer can contest the policy's validity due to misrepresentation or fraud by the policyholder.

A Document Attached to the Policy That Modifies Its Coverage