Sentences with phrase «case of accidental death if»

In case of accidental death if the accidental death benefit is taken, an additional benefit is payable which is equal to the basic Sum Assured subject to a maximum of Rs. 2 crores and 30 % of the premiums paid till death.

Benefits increase 5X in case of accidental death If you die as the result of an accident (as defined in your policy) before age 85, your beneficiary will be eligible to receive five times your coverage amount.

Benefits increase 5X in case of accidental death If you die as the result of an accident (as defined in your policy) before age 85, your beneficiary will be eligible to receive five times your coverage amount.

Not exact matches

Taking the case of Metlife Insurance, if you decide to buy their offline term insurance product, Met Suraksha Plus, it will give you an option to add riders like critical illness cover and additional accidental death cover which are available to you at a nominal rate.

If you have committed the following crimes you will most likely have to wait a minimum of ten years, And in some cases you may never be able to get typical life insurance and will need to consider accidental death or final expense insurance:

First of all, you should know what an accidental death is and see if you have a wrongful death case to pursue.

An ideal option for you if you're aiming at ensuring that your families and loved ones have enough financial resources in case of your unforeseen accidental demise is the accidental death rider.

The plan also provides the reimbursement of un-used tuition fees if the insured person is unable to attend the rest of the semester as he or she was hospitalized for more than one month for a covered injury / sickness or in case of medical repatriation or in the case of the accidental death of a family member.

100 % of sum insured in case of accidental death and 200 % of sum insured if death occurs while traveling as a fare paying passenger on a common carrier.

In the case of accidental death, your benefit amount is 5 times the death benefit if you've been covered for two years or more.

The riders available include Aegon Life AD Rider which provides the payment of additional Sum Assured in case of accidental death, WOP Rider on CI where future premiums are waived if the insured is diagnosed with a Critical Illness while the coverage continues, iCI Rider covering four Critical Illnesses where the Sum Assured is paid in case the insured is diagnosed with any Critical Illness covered by the rider, Women CI Rider which covers women specific Critical Illnesses and provides part payment of the Sum Assured if the insured is diagnosed with any one of the covered illness.

In case of the Accidental rider, benefit is not payable for death from accidents which are self - inflicted or due to civil commotions, riots, war, participation in hazardous sport activities, criminal activities or if death occurs 6 months after the accident.

Personal Liability is a benefit that provides coverage to a third person in case of accidental injury and / or death, loss or damage to material property if the insured person is legally liable for the accidental injury and / or death, loss or damage.

What this means is if death is to occur within the first two years after policy issue, your death benefit will be limited to your amount of premiums plus 12 % per year, unless in the first 2 years death is accidental, in which case if pays out the full death benefit.

For example — if you have taken a basic policy of 30 lakhs sum assured and accidental death rider of 10 lakhs, your legal heirs will get 40 lakhs in case of death due to accident and 30 lakhs in case of death due to other reasons.

Therefore, even if you have not purchased accidental death rider, your nominee will get money even in case of accidental death.

Taking the case of Metlife Insurance, if you decide to buy their offline term insurance product, Met Suraksha Plus, it will give you an option to add riders like critical illness cover and additional accidental death cover which are available to you at a nominal rate.

The accidental death and dismemberment benefits provided in the case of Tata AIG, includes situations where a loss should occur if the individual has been exposed to harmful situations while boarding or alighting from a common carrier.

If one has opted for optional additional riders, a term plan will provide supplementary income in case of loss of income due to accidental disability / death or illness.

Apart from this, if the insured owns a joint term insurance policy, then only one death payout is offered under the policy, even in the case of accidental death of both the insured persons, only one death benefit is payable to the beneficiary of the policy.

In the case of Critical Illness or Accidental Death Benefit, sum assured is not paid if death is causeDeath Benefit, sum assured is not paid if death is causedeath is caused by:

Then if it has a Double Accident Benefit (DAB) rider then, in case of your accidental death, the nominee would get double the SA i.e. Rs. 2 crore.

In case of accidental disability arising due to accident (within 180 days from the date of accident), an amount equal to the Accident Benefit sum assured will be paid in monthly instalments spread over 10 years or up to death or maturity, if earlier, and all future premiums under the policy will be waived.The disability should be total and the life assured is not able to carry out any work to earn his living.

If you have chosen option 2, an additional amount equal to the Basic Sum assured is payable in case of accidental death.

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.

Understanding Following Table: Suppose if Death happens in Year 2023, then nominee will get death claim amount as 10 times of single premium i.e. 2624500 + Loyalty Addition (LA) of year 2023 in case of normal death and in case of accidental death, an additional amount eqaul to sum assured (50000) will also paid along with normal death cDeath happens in Year 2023, then nominee will get death claim amount as 10 times of single premium i.e. 2624500 + Loyalty Addition (LA) of year 2023 in case of normal death and in case of accidental death, an additional amount eqaul to sum assured (50000) will also paid along with normal death cdeath claim amount as 10 times of single premium i.e. 2624500 + Loyalty Addition (LA) of year 2023 in case of normal death and in case of accidental death, an additional amount eqaul to sum assured (50000) will also paid along with normal death cdeath and in case of accidental death, an additional amount eqaul to sum assured (50000) will also paid along with normal death cdeath, an additional amount eqaul to sum assured (50000) will also paid along with normal death cdeath claim.

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.