Sentences with phrase «accidental death of the policy holder»

Extra Life Option: Under HDFC 3D Plus cover option, all the benefits of live cover option are provided to the policy holder along with an additional Extra Life Sum Assured option is provided to the nominee in the event of accidental death of the policy holder.

In case of accidental death of policy holder, his / her family member will get extra «Accidental sum assured» amount beyond basic sum assured for Jeevan Lakshya plan.

Due to accidental death benefit rider, beneficiary will get the money is case of accidental death of the policy holder.

With accidental death benefit coverage, the nominee is entitled to get further sum assured amount (SA x 2) in case of accidental death of the policy holder.

Not exact matches

The initial product offered by this insurer was accidental death benefit coverage — and over the years, the company has grown and expanded to provide a wide array of products and services to its policy holders.

Option to select accidental death benefit where in case of death of policy holder due to an accident, an additional equal sum assured would be paid to the nominee.

Through Term Rider, Accidental Death and Disability Benefit, a policy holder of Jeevan Saral has the option of availing a higher cover.

Policy holders above 18 years of age have option of availing LIC's Accidental Benefit Rider with this plan, which will provide additional amount equal to basic sum assured in case of death caused due to accident.

But wait there is an exception to this, if it is found by the insurance company that the policy holder was intoxicated or was under the influence of any drug or narcotic substance while driving or was involved in a crime or escaping after breaching any law which caused accidental death then pay - out may get rejected.

Other than those main benefits mentioned above, any policyholder of this premium policy will gain some optional benefits as in, Rider benefits: ● LIC benefit under the claim for accidental death of the premium holder or even the disability after the accident.

Accidental Death Benefit — The base of a term is the death benefit of the policy holder, and 50 % of the base sum amount for accidental deatAccidental Death Benefit — The base of a term is the death benefit of the policy holder, and 50 % of the base sum amount for accidental death benDeath Benefit — The base of a term is the death benefit of the policy holder, and 50 % of the base sum amount for accidental death bendeath benefit of the policy holder, and 50 % of the base sum amount for accidental deataccidental death bendeath benefit.

Suppose if, unfortunate death of policy holder happens in year 2027 (at age 40), then by that time total premium paid will be Rs. 6,52,620 and nominee will get death claim as Rs. 19,20,000 in case of normal death or Rs. 31,20,000 as accidental death claim in case of death due to accident and policy will stop.