Which type of insurance rider specifically covers children?

The Children's Term Rider is specifically designed to provide coverage for the insured's children under a life insurance policy. This rider allows the policyholder to add a specified amount of term life insurance coverage for each dependent child, generally at a low cost. It typically covers children until they reach a specified age or until they are no longer dependents.

This rider can be a valuable addition for parents seeking to ensure financial protection in case of an untimely loss of a child, offering peace of mind and flexibility without the need for separate policies for each child. It can also convert into permanent coverage when the child reaches adulthood, making it an adaptable solution.

Other options, while related to family coverage, do not specifically highlight coverage exclusively for children. A Dependent Rider usually covers adult dependents, a Family Rider generally encompasses all family members but does not target children specifically, and a Child Policy is a separate standalone policy rather than a rider attached to another policy. Therefore, the Children's Term Rider stands out as the most focused option for providing life insurance coverage specifically for children.