Similar to other life insurance types, variable universal life policies may offer optional riders that extend coverage or customize the policy further:

Waiver of Premium Rider

Should you become disabled, a waiver of premium rider can keep your policy active by covering premiums up to specified limits. This can prevent unintentional lapse during times of lost income due to disability.

Accelerated Death Benefit Rider

Some policies let you access a portion of the death benefit if you are diagnosed with a terminal illness, helping to cover medical expenses. The exact terms and triggers depend on the policy’s language.

Children’s Insurance Rider

You can add coverage for a child under your policy, rather than purchasing a separate child-only life insurance policy. This rider might offer a fixed coverage amount for each child until they reach adulthood.

Long-Term Care Rider

In some jurisdictions, insurers offer a rider that allows using part of the death benefit for long-term care expenses. This can be attractive for those worried about the high costs of nursing homes or home health care.

Each rider typically comes with its own fee structure and conditions, so it’s important to weigh whether the added cost delivers enough value or protection to justify the expense.