Sara Routhier, Managing Editor and Outreach Director, has professional experience as an educator, SEO specialist, and content marketer. She has over five years of experience in the insurance industry. As a researcher, data nerd, writer, and editor she strives to curate educational, enlightening articles that provide you with the must-know facts and best-kept secrets within the overwhelming world o...

Full Bio →

Written by

Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insur...

Full Bio →

Reviewed by Leslie Kasperowicz
Farmers CSR for 4 Years

UPDATED: Jul 26, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance provider and cannot guarantee quotes from any single provider. Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance related. We update our site regularly, and all content is reviewed by life insurance experts.

The Brief

  • A guaranteed insurability rider allows you to raise your coverage limits or death benefit without undergoing a second underwriting test.
  • Guaranteed insurability riders can only be added to whole life insurance policies.
  • A guaranteed insurability rider can cost as little as three to five dollars a month.

If you have a medical condition that could get worse and possibly lead to death, you may want to add a guaranteed insurability rider to your life insurance policy. A guaranteed insurability rider allows you to increase your coverage limits and death benefit without having to go through the underwriting process a second time. It is typically only offered as part of whole life insurance.

Keep reading to learn what a guaranteed insurability rider does, who should get one, and how much it costs. Then enter your ZIP code into our free quote comparison tool above to find affordable life insurance quotes from guaranteed insurability rider insurance companies near you.

How much does a guaranteed insurability rider cost?

A guaranteed insurability rider can be added to your policy for as little as three to five dollars extra per month. However, other aspects surrounding the rider can be more expensive.

For example, since guaranteed insurability riders can only be added to whole life insurance policies, you’ll pay a higher rate than you would with a term life insurance policy on average.

Also, since those who add guaranteed insurability riders to their policies typically have a higher risk of death due to a medical condition or disability, insurance companies will automatically charge higher rates.

However, the pros of a guaranteed insurability rider can outweigh the upfront costs. Raising your death benefit and coverage limits will still raise your rates, but having this rider will prevent your rates from increasing later due to the worsening of your medical condition.

If your life insurance company charges more than you want to pay, consider switching providers. Compare life insurance rates from multiple companies to find the best deal. It may be cheaper than you expect since half the population overestimates the cost of life insurance by more than three times its actual cost.

Compare Quotes From Top Companies and Save

 Secured with SHA-256 Encryption

What does a guaranteed insurability rider do?

A guaranteed insurability rider allows you to increase your life insurance coverage limits and death benefit without having to go through another life insurance underwriting test or medical exam.

When your life insurance policy is first started, you’ll have to take a medical exam to check your overall health and well-being. This is done to determine your risk of death so that life insurance companies can adjust your rates accordingly.

With a guaranteed insurability rider, you have the option to raise your coverage limits every few years, or even raise your death benefit, without having to undergo another medical exam.

Guaranteed insurability rider intervals are typically three or five years. That’s when you have the option to modify your coverage without your health impacting your guaranteed insurability rider life insurance rates.

This rider is typically only offered with whole life insurance policies.

Who should get a guaranteed insurability rider?

If you have a medical condition or disability that worsens as you age, or you have a child with a similar condition, you should consider adding a guaranteed insurability rider to your whole life insurance policy.

There is no guaranteed insurability rider age requirement — you can add this rider to your policy as a 50-year-old or as a 13-year-old.

Also, there is no guaranteed insurability rider disability requirement. You don’t have to have a certain disability to qualify for the rider. If you have an existing heart condition or simply a family history of medical problems, you can still get this rider.

Start comparing guaranteed insurability rider life insurance quotes from multiple companies to find a policy that works for you. Enter your ZIP code into our free comparison tool below to buy life insurance from the most affordable providers in your area.