What avoids the policyholder from needing medical evidence when purchasing additional coverage?

The guaranteed insurability rider is designed to allow policyholders to purchase additional coverage without the need for medical evidence or undergoing new underwriting processes. This is particularly beneficial for individuals who may develop health issues after initially acquiring their policy, making it challenging or costly to secure additional coverage in the future. With this rider, the insured can increase their coverage at specific intervals or upon certain life events, such as marriage or the birth of a child, thus ensuring they can maintain adequate coverage as their needs evolve.

This rider is advantageous because it provides peace of mind and flexibility to policyholders, allowing them to respond to changing circumstances without the worry of potential health-related disqualifications. It's also important to note that while other options may provide valuable features and benefits, they do not specifically guarantee the ability to add coverage without medical evidence in the same way that the guaranteed insurability rider does.