Regarding the premium for a children's rider in a life insurance policy, which statement is true?

The correct statement regarding the premium for a children's rider in a life insurance policy is that the premium remains the same no matter how many children are covered. A children's rider is designed to provide coverage for multiple children under a single policy, and typically, the cost of the rider does not increase with the addition of more children. This means that once the rider is added to the policy, the insured can gain coverage for their children without facing increased premiums based on the number of children added.

This structure provides an affordable way for parents to ensure that all of their children have some level of life insurance protection under a single, fixed premium, which can be financially advantageous.