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| 单词 | inflation rider |
| 释义 | inflation rider in Insurance (ɪnfleɪʃən raɪdər) Word forms: (regular plural) inflation riders noun (Insurance: Life insurance, Pensions) riderAn inflation rider is a rider that can be added to a long-term care insurance plan that adjusts the benefits over time to allow for inflation. Inflation riders can adjust benefits annually based on a simple or compound fixed rate, or based onthe consumer price index. The inflation rider option increases benefits according to a stated index each year after benefits beginto be paid. An inflation rider is a rider that can be added to a long-term care insurance plan that adjusts thebenefits over time to allow for inflation. |
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