A guaranteed insurability rider (GIR) allows the policyowner to purchase additional life insurance at specified option dates or life events without new medical evidence. Option amounts and timing are set at issue; missed options may be lost or require proof of insurability. GIRls protect future insurability for young professionals or business owners whose coverage needs are expected to grow,trading a rider cost for certainty.

Parents and young professionals add GIRs to lock in options for future coverage at life events.Advisors calendar option dates and coordinate underwriting if the client wants more than the guaranteed amount.