Many life insurance companies offer life insurance riders for policyholders. Life insurance riders allow policyholders to customize their policy to their needs and wants. Like a knot, they attach to your base life insurance policy.
Of course, the more you customize, the more your policy costs. Carriers charge an additional cost for some of these riders.
Yes, many riders come with an extra cost. Sometimes, the cost is worth it. Other times, it is not.