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.
Death from accidents involving motor vehicles, machinery, unintentional poisoning, slips and falls, suffocation, choking, drowning and more are usually covered
by accidental death benefit insurance.
There is also the option to purchase
the accidental death benefit insurance on its own, but it doesn't have all the benefits of a standard policy.
It's better to be safe than sorry with
an accidental death benefit insurance policy.
The staggering statistics of accidents tell us that anyone and everyone can benefit from having
an accidental death benefit insurance policy on top of a standard life insurance policy.
That's why
an accidental death benefit insurance policy can provide the peace of mind necessary to know that you and your family will be taken care of financially in the case of a serious injury or an untimely death.
Furthermore, if you need a policy quickly,
accidental death benefit insurance might be the way to go.
Accidental death benefit insurance is not usually included in a basic life insurance policy, so adding it to a standard policy as a rider will likely result in a somewhat higher premium; however, it will pay double the amount of the regular death benefit if the insured dies in an accident.
Additionally,
accidental death benefit insurance may also cover dismemberment — the partial or total loss of a limb or limbs — as well as calamities like paralysis, hearing loss, burns that cover more than 20 percent of your body, etc..
Accidental death benefit insurance is an insurance policy that pays out benefits to your beneficiary in the event of accidental death of the insured.
With
an accidental death benefit insurance policy, you can be sure that should something happen to you that your loved ones will be taken care of after your death.
Accidental death benefit insurance will pay in the event that the insured dies after being in a car accident.