What is NOT a common type of rider in life insurance?

The correct answer is Cash Value Rider. In life insurance, riders are additional benefits that can be added to a policy, enhancing its value or expanding coverage. The other options, such as Accidental Death Benefit Rider, Waiver of Premium Rider, and Term Rider, are established types of riders commonly found in life insurance policies.

The Accidental Death Benefit Rider provides an extra benefit to the beneficiaries if the insured dies due to an accident, thereby enhancing the payout. The Waiver of Premium Rider allows the policyholder to suspend premium payments without losing coverage if they become disabled. The Term Rider adds a term life component to a permanent life insurance policy, providing additional death benefit coverage for a specific period.

In contrast, a Cash Value Rider is not standard terminology in the insurance industry. While many permanent life insurance policies do build cash value, the concept of a 'Cash Value Rider' doesn’t align with the conventional structure of life insurance riders, leading to its categorization as the answer that does not accurately represent a common type of rider.