Sentences with phrase «in case of accidental death»

Some of the policy also offers accidental death benefit rider in case of accidental death of the insured person on top of the death benefit.
Moreover, the plan also provides benefits by covering hospitalization expenses and children's education benefits in case of accidental death.
Provides an additional insurance cover in case of an accidental death resulting from an accident.
This illustration also includes double accidental benefit which gives the nominee an extra amount equal to sum assure in case of accidental death.
You can usually double your life insurance coverage in case of accidental death with this rider, up to an additional $ 250,000 - $ 500,000 depending on the life insurance company.
As per this plan, a sum assured of Rs. 1 lakh is payable in case of accidental death or disability of the insured.
100 % of the rider sum assured is paid to the nominee in case of an accidental death of the life insured within 180 days of the occurrence of an accident.
Offers additional financial security as well as 100 % of the sum assured as a lump sum amount in case of accidental death.
By opting for this rider, you will ensure an additional sum of money for your family in case of accidental death.
100 % of sum insured in case of accidental death and 200 % of sum insured if death occurs while traveling as a fare paying passenger on a common carrier.
Therefore, even if you have not purchased accidental death rider, your nominee will get money even in case of accidental death.
In case of accidental death at any time, the policy pays 100 % of the benefit amount.
Can you help me to understand, if I do not purchase accidental death rider, then in case of accidental death will insurance company accept claim?
The life cover would provide financial compensation to the beneficiary in case of natural death of the insured whereas the personal accident cover would be applicable in case of accidental death.
A term life insurance policy is a basic protection that covers expenses in case of an accidental death, it will sometimes cover debilitating injuries, but only briefly.
This rider safeguards your family's financial future in case of an accidental death, and the reason you should have this rider is because accidents aren't usually covered in the base plans.
This rider applies in case of accidental death, temporary partial disability and / or permanent partial or total disability caused by road accidents.
In the case of an accidental death of the insured, an additional amount in addition to the basic sum assured given the nominee.
There is a provision of additional benefit in case of accidental death.
This benefit provides coverage in case of accidental death or loss of one or multiple limbs in an accident.
It is a rider or supplementary life insurance policy which offers extra cover in case of accidental death or loss of any two limbs because of an accident.
In case of Option II, besides the basic death benefit payable on death, an additional benefit is payable in case of accidental death.
Also, an additional sum assured is payable to the nominee in case of an accidental death.
Even in a case of accidental death, insurers would not want to rule out the possibility of suicide.
The Plan basically covers Accidental Death, Permanent Disability - Total as well as Partial, Temporary Total Disability, Children's Education Bonus in case of Accidental Death or Permanent Total Disablement of parent and Reimbursement of Medical Expenses and Charges for Hospital Confinement as additional expense.
There are other riders available with a child insurance plan like Critical Illness rider (provides cover for specific illness during the policy term) and accidental death benefit (cover in case of accidental death during the policy term), which you can add as per your need and requirement.
Under Accidental benefit rider, accidental death benefit along with the basic sum assured amount is payable to the beneficiary of the policy in case of accidental death of the policyholder.
Benefits increase 5X in case of accidental death If you die as the result of an accident (as defined in your policy) before age 85, your beneficiary will be eligible to receive five times your coverage amount.
This however happens only in case of accidental death only during the policy term
SBI Life - Accidental Death Benefit Rider In the case of an accidental death of the life insured, SBI will pay rider sum assured in addition to the basic term assured to the nominee.
Benefits increase 5X in case of accidental death If you die as the result of an accident (as defined in your policy) before age 85, your beneficiary will be eligible to receive five times your coverage amount.
There is an inbuilt Accidental Death Benefit feature under which in case of accidental death of the insured, an additional Accidental Sum Assured is paid which is equal to the base Sum Assured subject to a maximum of Rs. 50 lakhs
The Guaranteed Maturity SA is equal to the sum of total premiums payable and Guaranteed Death SA is equal to 100 % of the SA or 150 % of SA in case of accidental death
However it can be added as a rider to a traditional life insurance plan so the beneficiaries receive both the benefits from the life insurance and the death and dismemberment insurance plan in case of an accidental death.
c. Death Benefit (death due to Accident)-- No waiting period is applicable: This is an in - built cover under this Plan where In case of Accidental death of the Life Insured during the Policy term, total Death Benefit payable will be equal to two times of the Sum Assured on Death (as defined above) provided such death was caused directly by such Accident and independently of any physical or mental illness within one hundred twenty (120) days of the date of Accident.
Some policies will pay out the full - face amount during the graded benefits period in the case of an accidental death (such as a car crash), but not all guaranteed issue policies offer this feature and the definition of «accidental causes» is usually quite limited.
Kotak Accidental Death Benefit or (ADB) is the benefit given in the case of accidental death of the policyholder.
A lumpsum of 2 % of capital sum insured will be paid for transportation in case of accidental death outside the residence (subject to maximum of Rs 2500).
This means that your beneficiary will likely not be entitled to the full death benefits for the first 2 years, although some insurers will pay on the policy in case of accidental death in those first 2 years.
Group Personal Accident policy covers the Insured person in case of Accidental Death, Loss of limbs / eyes, Permanent Total Disablement / Permanent Partial Disablement and so on.
Extra Life Option: Nominee receives a lump sum as well as an additional one - time payment in case of accidental death.
For example, Accidental Death benefit rider provides additional claim settlement in case of accidental death.
Sponsor Protection In case of Accidental death or permanent disablement of your sponsor Future Generali reimburse your tuition Fee incurred for the remaining period of your education up to specified maximum limit under policy.
I'm 35 years (Male) and I have decided to go for Life Option with Extra Life for 1 Crore and I believe as per your input in case of accidental death my nominee will get 2 Crore.
Future Generali Non Linked Accidental Death Rider (UIN: 133B023V01) This add - on plan provides an additional insurance cover in case of accidental death resulting from an accident.
You will get a double Sum Assured of rs 2 crores in case of an accidental death.
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