Some riders allow additional payouts to beneficiaries on
account of accidental death of the insured.
If he dies in an accident, then his wife would receive the basic sum assured & additional sum assured on
account of Accidental Death Benefit Rider.
Kotak Accidental Death Benefit Rider: On
account of an accidental death, the nominee is paid a Lump Sum Benefit.
Not exact matches
Even though alcoholism ranks as one
of the country's three major health problems, along with cancer and heart disease; even though it
accounts for approximately 98,000
deaths every year; even though it is the root cause
of most pastoral - care crises (suicides, auto fatalities, child abuse, divorces, hospital admissions,
accidental deaths and home violence); even though it costs the nation $ 120 billion annually in terms
of lost work time, health and welfare benefits, property damage, medical expenses, insurance and lost wages; and even though its effects impair the educational process
of every child in every classroom, still the church acts as though alcoholism does not exist.
Accidental injuries
accounted for 5 percent
of all
deaths in 2011 and 28 million emergency department visits in 2013, according to the U.S. Centers for Disease Control and Prevention.
In the event
of multiple
Accidental deaths per
account arising from any one Accident, the Company's liability for all such Losses will be subject to a maximum limit
of insurance equal to two times the Benefit Amount for loss
of life.
In the event
of death, diagnosis
of an insured critical illness or an
accidental dismemberment / paraplegia, a lump sum payment will be made based on your outstanding
account balance up to a maximum
of $ 25,000.
As an RBC Bank Credit card client you are eligible for up to $ 250,000 automatically against
accidental bodily injuries that are the sole cause
of accidental death or dismemberment while riding as a fare - paying passenger in, boarding or alighting from any aircraft, or land or water conveyance that is operated by a common carrier licensed to carry passengers for hire, provided the entire travel fare (s) has been charged directly to your RBC Bank Credit card
account.
Burns and fires are a common cause
of accidental death in children and adults, and
account for an estimated 3,500 adult and child
deaths per year.
Falls
account for 15 percent
of all
accidental fatalities, and they are second only to car accidents as a cause
of death.
The PMSBY provides a renewable on year
accidental death cum disability cover
of Rs 2 lakh to those between the age group
of 18 to 70 years with a savings bank
account at an annual premium
of Rs 12 per year.
«Hence, in case
of accidental death of any Home / Car loan borrower on or before July 1,2013, claims may be lodged for the outstanding amount in the loan
account subject to the terms and conditions mentioned in Master Policy,» SBI said.
Accidental death and dismemberment insurance only covers accidents, and accidents only
account for a small percentage
of deaths when compared to other types
of death.
PMSBY will proffer a renewable 1 - year
accidental death cum disability cover
of Rs 2 Lakhs for partial permanent disability to all savings bank
account holders in the age group
of 18 - 70 years for a premium
of Rs 12 per annum.
PMSBY gives a renewable one - year
accidental death - cum - disability cover
of Rs 2 lakh incase
of partial / permanent disability to all saving bank
account holders in 18 - 70 age group.