Sentences with phrase «lakh accidental benefit»

Not exact matches

I was having a term plan from ICICI prudential for 25 lakhs with Accidental death benefit totalling 50 lakhs for myself and my wife.

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 RsAccidental 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 Rsaccidental death of the insured, an additional Accidental Sum Assured is paid which is equal to the base Sum Assured subject to a maximum of RsAccidental Sum Assured is paid which is equal to the base Sum Assured subject to a maximum of Rs. 50 lakhs

He suggested me to buy a PA policy of Rs. 10 Lacs to begin with which covers Accidental death (100 % of SA), Permanent Total Disablement (100 % of SA), Permanent Partial Disablement (certain % of SA depending on severity of injury and resultant disablement) and Fractures (upto Rs. 50,000 / --RRB- for a premium of Rs. 1850 / - He also suggested that I can opt for Add on benefits of hospitalization (upto Rs. 1 Lakh) and daily cash allowance (Rs. 500 / - per day for max 5 days) by paying another 1,100 / - thus totaling to Rs. 2,950 / -

The accidental death benefit in case of «life plus» option and «all in one» option is Rs. 50 lakhs The critical illness benefit in case of «life and health» option and «all in one» option is Rs. 20 lakhs.

Personal Accident covers for the owner or driver of the car is offered with a death benefit of 2 lakhs in case of an accidental death.Add - on Covers such as Zero Depreciation cover & Hydrostatic lock cover makes this much beneficial as compared to any other conventional Car insurance plan

I was having a term plan from ICICI prudential for 25 lakhs with Accidental death benefit totalling 50 lakhs for myself and my wife.

Apart from above benefit, an additional accidental death benefit of Rs. 25.94 lakhs will be paid in lump sum in the event of death due to accident

The plan can be customized by adding Accidental Death Benefit option under which an extra benefit equal to the Guaranteed Sum Assured subject to a maximum of Rs. 50 lakhs is paid in case of accideAccidental Death Benefit option under which an extra benefit equal to the Guaranteed Sum Assured subject to a maximum of Rs. 50 lakhs is paid in case of accidentaBenefit option under which an extra benefit equal to the Guaranteed Sum Assured subject to a maximum of Rs. 50 lakhs is paid in case of accidentabenefit equal to the Guaranteed Sum Assured subject to a maximum of Rs. 50 lakhs is paid in case of accidentalaccidental death

Tata Docomo, the telecom brand of Tata Teleservices Ltd. (TTSL), has partnered with Edelweiss Tokio Insurance to offer free accidental death insurance benefit of up to Rs 3 lakhs to its prepaid GSM customers in the Mumbai grid.

For example, while the basic plan that offers accidental death, PTD and PPD benefit for a sum assured of Rs10 lakh can be possessed at Rs1,100 - 1, 200 per year, TTD benefits may be almost 50 % more costlier than the basic plan.

Under Pradhan Mantri Suraksha Bima Yojana a death benefit of Rs. 2 lakh is available to the beneficiary of the policy in case of accidental demise of the insured person.

There is an in built Accidental Death Benefit and Terminal Illness Benefit for 5000 - 50 lakhs cover under which the additional benefit is paid in case of accidental death or on diagnosis of the terminAccidental Death Benefit and Terminal Illness Benefit for 5000 - 50 lakhs cover under which the additional benefit is paid in case of accidental death or on diagnosis of the terminal Benefit and Terminal Illness Benefit for 5000 - 50 lakhs cover under which the additional benefit is paid in case of accidental death or on diagnosis of the terminal Benefit for 5000 - 50 lakhs cover under which the additional benefit is paid in case of accidental death or on diagnosis of the terminal benefit is paid in case of accidental death or on diagnosis of the terminaccidental death or on diagnosis of the terminal illness

The maximum benefit for accidental death is limited to Rs. 50 lakhs.

Additional Accidental Death Benefit is equal to the Basic Sum Assured of Rs 50 lakhs, whichever is lower

If, during the tenure, Amit faces an accidental death, the benefit his nominee would receive would be Rs. 75 lakhs (Sum Assured) + Rs. 50 lakhs (the maximum accidental death benefit amount) = Rs. 1.25 crores.

Without the accidental death benefit they were entitled to claim only Rs 25 lakhs.

For Example: if you have a term plan of Rs. 1 crore with an accidental death benefit rider of Rs. 50 lakh, then your family will receive Rs. 1 lakh 50 thousand upon your death due to an accident.

Total Payout = 330 % of cover amount (Base Sum Assured) = Rs. 1.65 crores (Rs. 25 lakhs i.e. 50 % of cover amount + Rs. 50 lakhs i.e. 100 % of accidental death benefit) + Rs. 1.5 lakhs (3 % of Sum Assured) every month for the next 5 years.

e.g. you can take Rs 10 Lakhs term plan with accidental death benefit rider that an additional 10 lakhs would be paid if accident happens to insLakhs term plan with accidental death benefit rider that an additional 10 lakhs would be paid if accident happens to inslakhs would be paid if accident happens to insured.

However, if insured dies in accident he would get death benefit of RS 10 Lakhs + accidental deah benefit of RS 10 Lakhs totalling to RS 20 Lakhs.

His plan details are as follows: Death Benefit Option 2 (Non Smoker), Cover Amount (Base Sum Assured) = Rs. 50 lakhs, Inbuilt Accidental Death Benefit = Rs. 50 lakhs, Policy Term = 30 years, Premium Payment Term = 30 years, Annual Premium = Rs. 12, 900 (exclusive of service tax).

iv) Increasing Cover with Accidental Death Benefit: For a 33 year old person for an increasing cover of Rs. 50 Lakhs (with additional accidental death benefit of Rs. 50 lakhs) for tenure of 30 years, the annual premium comes to RAccidental Death Benefit: For a 33 year old person for an increasing cover of Rs. 50 Lakhs (with additional accidental death benefit of Rs. 50 lakhs) for tenure of 30 years, the annual premium comes to Rs. Benefit: For a 33 year old person for an increasing cover of Rs. 50 Lakhs (with additional accidental death benefit of Rs. 50 lakhs) for tenure of 30 years, the annual premium comes to Rs. 13Lakhs (with additional accidental death benefit of Rs. 50 lakhs) for tenure of 30 years, the annual premium comes to Raccidental death benefit of Rs. 50 lakhs) for tenure of 30 years, the annual premium comes to Rs. benefit of Rs. 50 lakhs) for tenure of 30 years, the annual premium comes to Rs. 13lakhs) for tenure of 30 years, the annual premium comes to Rs. 13,321.

For example if a person bought a policy with base cover amount of Rs 50 lakhs and accidental death benefit rider amount of Rs 10 lakhs, then if death happens due to any reason other than accident, then Rs 50 lakhs will be paid.

I feel this is one of the good term insurance plan in India which comes with an accidental death benefit rider where you can get the additional sum assured of Rs 50 Lakhs with small additional premium.

The Accidental Death Benefit amount will be equal to the basic sum assured or a maximum of Rs. 50 Lakhs whichever is lower.

Total benefit paid = Rs. 2.05 crores (Rs. 1 crore paid immediately + Rs. 1.75 lakhs for 60 months) In case of an accidental death of Ramesh, Sheetal will get an additional payout of Rs. 50 Lakhs as lumplakhs for 60 months) In case of an accidental death of Ramesh, Sheetal will get an additional payout of Rs. 50 Lakhs as lumpLakhs as lump sum.

A 30 - year old male buying an endowment plan for 30 years for a sum assured of Rs 5 lakh can buy an additional accidental death benefit rider of a sum assured of Rs 5 lakh by paying an additional Rs 395.

For example, an accidental death benefit cover of Rs. 25 lakhs would cost approximately Rs. 1200 (a year) when purchased as a rider along with a primary policy.

It might also include coverage against day care procedures and ancillary benefits like accidental dental, non-allopathic and vaccination The coverage amount generally ranges from Rs 50,000 to Rs 10 lakh.

The online plan would offer a life cover of Rs one crore and also provides accidental death benefit up to Rs 50 lakh, it said.

limit in the policy) and Accidental death benefit rider of Rs. 9 Lakh (costing Rs. 720) in my term plan of Rs. 30 Lakh (from Kotak) but I guess that taking a PA Policy is better as it covers partial disability and Temporary Disability which are not covered in my term plan.

Explained by example: Continuing above example, if Mr. Mahesh has died due to death, his family would get Rs 10 Lakhs sum assured + another Rs 10 Lakhs as accidental benefit, totaling to Rs 20 Lakhs.

However in case Ravi dies due to accident, his family would get Rs 75 Lakhs (sum assured of Rs 50 Lakhs + Rs 25 Lakhs as accidental death benefit).

Rs 12 premium — Pradhan Mantri Suraksha Bima Yojana (PMSBY) Today, Mr. Narendra Modi has launched Pradhan Mantri Suraksha Bima Yojana Scheme (PMSBY) which offers Rs 2 Lakhs accidental death benefit insurance plan with just Rs 12 premium per annum.