Sentences with phrase «as accident benefit rider»

Availability of optional riders at low premium such as accident benefit rider, accident and disability benefit rider, critical illness rider, accelerated critical illness rider, etc..

Not exact matches

2) Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): Under this rider you will receive additional sum assured as chosen in case of unfortunate event of death due to an accident.

The accidental death benefit rider (called a double indemnity rider) increases the death benefit, if you die as the result of an accident.

However, the basic explanation of an AD&D rider is that if you die as a result of an accident, the life insurance company will double the original death benefit of your policy.

An accident death benefit rider pays out an additional death benefit to the beneficiary (that's above the current benefit limit of the policy) if you should die as a result of an accident.

Some life insurance companies provide Personal accident death benefits as riders but do not provide risk cover for disability (Permanent or temporary) arising out of an accident.

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.

If the insured dies due to an accident, as defined in this rider, beneficiaries will receive an additional death benefit.

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.

This rider will pay out an additional death benefit if death is due to an accident while riding on public transportation as a fare paying passenger.

Accidental Death and Dismemberment Rider A life policy rider that pays a percentage of the death benefit if the insured is killed in a covered accident or loses sight or limbs as a result of an accident.

MYTH 6: ULIPs do not have health and accident cover Reality: Since ULIPs offer insurance cover along with investment, just like any other insurance plan it too has rider options such as Accidental Death Benefit (ADB), Waiver of Premium (WOP), Family Income Benefit, Hospital Cash Benefit (HCB), etc..

However, the basic explanation of an AD&D rider is that if you die as a result of an accident, the life insurance company will double the original death benefit of your policy.

An accident death benefit rider pays out an additional death benefit to the beneficiary (that's above the current benefit limit of the policy) if you should die as a result of an accident.

The accidental death benefit rider (also called a double indemnity rider) increases the death benefit if you die as the result of an accident.

But with riders, such as accidental death benefit and disability benefit, your family gets an additional sum, say in the case of death due to accident, and a steady stream of income for a long period, respectively.

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.

Accidental Death Benefit Rider — The accidental death benefit rider offers additional protection if you die as the result of an accident (as versus due to illness or natural cBenefit Rider — The accidental death benefit rider offers additional protection if you die as the result of an accident (as versus due to illness or natural cbenefit rider offers additional protection if you die as the result of an accident (as versus due to illness or natural causes).

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.

An accidental death benefit rider allows you to increase the death benefit on your policy in case you die as a result of an accident or injury (typically you must die within 90 days of the accident or injury to qualify).

An accidental death benefit rider allows you to increase the death benefit on your life insurance policy in case you die as a result of an accident or injury (typically you must die within 90 days of the accident or injury to qualify for this benefit).

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 an acBenefit Rider — With the accidental death benefit rider, an additional amount of benefit is paid out if the insured dies as the result of an acbenefit rider, an additional amount of benefit is paid out if the insured dies as the result of an acbenefit is paid out if the insured dies as the result of an accident.

Some life insurance companies provide Personal accident death benefits as riders but do not provide risk cover for disability (Permanent or temporary) arising out of an accident.

If the insured has been injured or expires as a result of an accident, this rider provides an additional death or disability benefit to the nominee or the insured.

The riders available of money back policy are as follows: • Critical Illness rider: This rider offers a guaranteed sum if the Insured is diagnosed with some critical illness including major organ failure, coronary diseases, different types of cancer etc. • Accident rider: In case the policy holder's unexpected death due to accident the nominee receives a sum assured • Disability benefit rider: This type is rider helps in case the policy holder is left paralyzed due to some major accident in his life.

Kotak Accidental Disability Guardian Benefit Rider (ADGB): This rider waves off the future insurance premiums in case the life insured becomes disabled as a result of an accident.

By opting for some additional rider covers, such as zero depreciation cover or personal accident cover, you can increase the policy benefit of your main cover.

Kotak Accidental Death Benefit Rider (Linked): If the life insured dies as a result of an accident, this rider pays the Rider Sum Assured in addition to the Death Benefit

Instead of dying, if you become permanently disabled as a result of an accident, the rider will pay you the Accident Benefit Sum Assured as income for 10 years following the accident.

The accident benefit is available as an optional rider during the policy term.

Moreover, the riders are generally not as comprehensive as the benefits offered by an accident and disability insurance.

I have not opted for any accident riders in my HDFC term policy as most of the online forums suggested to take separate policies dedicated for accidents to get the better benefits (disability / partial disability etc..).

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

The disability rider option is also very good here as one can get the benefits in case get permanent disability due to sickness or accident.

Several policy riders are available: The Enrichment Rider (option to add more coverage and cash value over time as you need it); Accident Death Benefit (additional payment for a death as the result of an accident); Child Term Rider (coverage added for your children); Enhanced Care (cash value available for prolonged illness with access to up to 90 percent of the policy value); Flex Term Rider (a term life policy can be added that adds to the coverage for a period of time); and the Disability Waiver (premium is waived for a disability of six months or more).

In case the policyholder passes away due to an accident, the policy's nominee receives the death benefit, as per this rider.

If a person dies in an accident and has taken Accident Death Benefit Rider then he will get the normal sum assured (plus accumulated bonuses if any) plus the amount specified under this rider as contracted at the time of taking the policy.

If you add this rider to your policy, your death benefit will be double, if you die as a result of an accident.

Additional benefit equal to rider sum assured if the death occurs as a result of an accident.

If this rider is in - force when the insured dies due to an accident, as defined in this rider, an additional death benefit will be paid.

Currently, most of the insurance companies are offering accident death benefit rider as part of their term insurance plans.

Accidental Death and Disability Benefit Rider is available with this plan as rider which can attached with Jeevan Pragati plan (838) to make more essential plan in case of an accident or disability during the policy term.