Sentences with phrase «accidental death rider amount»

If the person dies in an accident, then the company will pay Rs 12 lakhs (base cover of Rs 10 lakhs and accidental death rider amount of Rs 2 lakhs).

Not exact matches

Some examples include accidental death benefit, which pays double the face amount for accidental deaths, and child term rider, which adds coverage to the child of the insured.

This rider offers an accidental death benefit that is equal to the policy's face amount — and pays out in addition to the whole life insurance benefit if the insured dies as the result of a covered accident.

This rider can provide an additional amount of death benefit coverage to the policy beneficiary if the insured dies due to accidental injuries that occur while he or she is riding as a fare - paying passenger on a common carrier, such as an airplane, a bus, or a train.

Accidental Death Benefit Rider — Should you die accidently, this rider will provide you with an «additional death benefit» on top of the amount of death benefits you have selected for your original poDeath Benefit Rider — Should you die accidently, this rider will provide you with an «additional death benefit» on top of the amount of death benefits you have selected for your original podeath benefit» on top of the amount of death benefits you have selected for your original podeath benefits you have selected for your original policy.

With the accidental death benefit rider, should the insured die due to a qualifying accident, his or her named beneficiaries would receive an additional amount of death benefit.

Since this only covers accidental death and does not cover natural causes (such as heart disease, stroke, or cancer), this life insurance rider is best purchased when the insured is maxed out on the amount of life insurance they can qualify for and he or she need some additional coverage.

If you were to pass away unexpectedly as a result of an accident, the amount of your death benefits can be doubled with an accidental death benefit rider.

Accidental death benefit rider — This rider will increase the death benefit amount if the death is the result of an accident.

The accidental death rider provides an additional death benefit (whatever amount you select) if the cause of death is specifically from an accident.

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.

This plan can also be further «customized» by adding various riders such as the children's term rider the disability waiver of premium rider, the accidental death benefit rider, and / or a travel accident rider that provides an additional amount of coverage if the insured dies as the result of a travel related accident.

The accidental death benefit rider is an optional policy provision that pays an additional amount over and above your policy coverage amount in the event the insured's death is caused by an accident.

Accidental Death Benefit Rider — With the accidental death benefit rider, an additional amount of benefit is paid out if the insured dies as the result of anAccidental Death Benefit Rider — With the accidental death benefit rider, an additional amount of benefit is paid out if the insured dies as the result of an acciDeath Benefit Rider — With the accidental death benefit rider, an additional amount of benefit is paid out if the insured dies as the result of anaccidental death benefit rider, an additional amount of benefit is paid out if the insured dies as the result of an accideath benefit rider, an additional amount of benefit is paid out if the insured dies as the result of an accident.

In case of accidental death rider, only the amount paid is increased (say you will get double the Sum Assured)

Accidental death benefit riders are also referred to as «double indemnity» when the additional amount of benefit payout is equal to the original death benefit amount, causing your carrier to pay out double your original death benefit.

The accidental death benefit rider pays out a greater death benefit amount — on top of your policy's stated death benefit — if you die due to an accident.

Add - on benefit as accidental death benefit rider is offered by the policy, under which in case of accidental death of the insured a sum assured amount along with accidental death benefit is paid to the beneficiary of the policy.

Reliance Accidental Death and Total and Permanent Disablement Rider (Regular Premium)-- the rider promises payment of an additional lump sum amount if the insured dies or suffers total and permanent disability directly due to an accident.

For e.g. if you buy a term plan that assures you a sum of Rs. 90 lacs, and an accidental death benefit rider for 20 lac, then incase the policyholders dies in an accident, the family receives both the amounts.

In case of accidental death or dismemberment, this rider pays out an amount usually of the same value as the sum assured.

There is also an inbuilt Accidental benefit rider including total and permanent disability where a lump sum amount is paid on accidental death or Accidental benefit rider including total and permanent disability where a lump sum amount is paid on accidental death or accidental death or disability

Accidental Death Benefit Rider: In the case of death by an accident, the sum assured under accidental death rider option shall be paid additionally with the basic sum assured amount of SBI Shubh NiAccidental Death Benefit Rider: In the case of death by an accident, the sum assured under accidental death rider option shall be paid additionally with the basic sum assured amount of SBI Shubh Nivesh Death Benefit Rider: In the case of death by an accident, the sum assured under accidental death rider option shall be paid additionally with the basic sum assured amount of SBI Shubh Nivesh death by an accident, the sum assured under accidental death rider option shall be paid additionally with the basic sum assured amount of SBI Shubh Niaccidental death rider option shall be paid additionally with the basic sum assured amount of SBI Shubh Nivesh death rider option shall be paid additionally with the basic sum assured amount of SBI Shubh Nivesh plan.

If policyholder feels that he / she needs cover for additional risks, then he / she may opt for these rider features, and these include the accidental death and accidental disability riders and can be opted along with the basic plan during any policy anniversary of the premium paying term of the policy by payment of the additional premium amount.

LIC's Accidental Death and Disability Rider UIN (512B209V01): If this benefit is opted for an additional amount equal to the Accidental Benefit Sum Assured is payable on death due to accident, provided the rider is in full force at the time of the acciDeath and Disability Rider UIN (512B209V01): If this benefit is opted for an additional amount equal to the Accidental Benefit Sum Assured is payable on death due to accident, provided the rider is in full force at the time of the accideath due to accident, provided the rider is in full force at the time of the accident.

As per the accidental death benefit rider, the death of the person due to accident offers the double of the assured amount.

For example, if the main policy has a payout benefit of $ 250,000 with an AD&D rider for the same amount, the beneficiary receives a total of $ 500,000 for a qualified accidental death.

For example 1) Accidental Death Benefit Rider: This rider pays an additional amount over an above the basic sum assured amount in case of death of the life assured due to an acciDeath Benefit Rider: This rider pays an additional amount over an above the basic sum assured amount in case of death of the life assured due to an accideath of the life assured due to an accident.

This plan offers Tata AIA Life Insurance Accidental Death and Dismemberment (Long Scale)(ADDL) Rider which provides protection of your family by giving an amount equal to the rider sum assured in case of an accidenAccidental Death and Dismemberment (Long Scale)(ADDL) Rider which provides protection of your family by giving an amount equal to the rider sum assured in case of an accidental dDeath and Dismemberment (Long Scale)(ADDL) Rider which provides protection of your family by giving an amount equal to the rider sum assured in case of an accidentalaccidental deathdeath.

Accidental Death Benefit — In case if a policy holder meets an accident and dies during the policy term, this rider will pay additional amount for your term plan.

If the policy includes an active accidental death rider, not only does the policy pay the face amount death benefit, but it is doubled.

Dear Suppose Mr X has taken accidental death benefit rider in all three above mentioned policies then what will be total claim amount in case of accidental death of Mr X?

If you have purchased accidental death benefit rider, you will get extra amount.

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.

Hello Piyush, When an accidental death benefit rider is offered with a policy then if death happens due to an accident then over and above the base policy amount, the rider amount will be paid.

An accidental death benefit rider gives your nominee's (family / heirs), an (additional amount + policy amount), if you (policy holder), die in an accident.

The accidental death benefit rider provides a significant amount of additional coverage that supplements the death benefit.

You can choose from various available riders such as Accidental Death Benefit, Critical Illness rider, Family Income Benefit, Waiver of Premium, etc. by paying additional rider premium amount.

I want to have 30 lac coverage of normal death and Permanent disability 50 lac coverage of accidental including normal reasonable amount for critical illness and also other riders which gives other benefit part of Term plan

If the master policyholder opts for DAB rider, an additional amount equal to the Sum Assured shall be paid in case of accidental death of the insured member.