Allows children of the insured to be added to coverage for a limited period of time for a specified amount.

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Children's term rider provides term life coverage on the insured’s children for a limited period and for a fixed amount. This rider attaches to the parent's policy and allows each child to be insured for a set duration (often until a certain age) for a specified benefit, typically without requiring medical underwriting for the child. It’s designed to give small, temporary protection for dependents and can sometimes be converted to permanent insurance later on.

This matches the idea of adding children to coverage for a limited time at a fixed amount, which is what the question asks for. Other options don’t fit as precisely: a family term rider covers more than just children (often including a spouse); a payor benefit focuses on ensuring premiums are paid if the payer becomes disabled or dies; and a spendthrift clause is about protecting beneficiaries from reckless spending, not about adding child coverage.