What term describes attachments added to life insurance policies that can modify existing provisions?

The term that describes attachments added to life insurance policies that can modify existing provisions is "riders." Riders are special endorsements that allow policyholders to customize their coverage. They can provide additional benefits or alter the terms of the original policy. For instance, a rider might allow for the addition of critical illness coverage, allow for a waiver of premium under certain conditions, or enhance the death benefit in specific scenarios.

Riders enable policyholders to tailor their insurance policies to better fit their needs, which is a significant feature. Their inclusion helps ensure that the policy can be adapted as the policyholder's circumstances change. This flexibility can add considerable value to a life insurance policy, making it more pertinent to an individual's life situation.

In contrast, the other terms—conditions, restrictions, and exclusions—serve different purposes. Conditions typically describe the obligations or requirements that must be met for the policy to remain valid. Restrictions outline limitations that may affect the coverage. Exclusions detail specific scenarios or circumstances under which the policy will not pay benefits. Therefore, riders stand out as the specific elements designed to modify and enhance the provisions of existing policies.