GLOSSARY
This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
If you have a comment, suggestion or question please contact us at glossary@scic.com

Cost-of-Living Rider

Policy wording change or form designed to adjust policy benefits in relation to the change in the economic climate. The majority of such riders are tied to changes in the Consumer Price Index (“CPI”). The amount of insurance may be automatically increased, without evidence of insurability, at predetermined periods, up to a maximum amount.

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Welcome To the Alliance!

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