Riders
like critical illness cover, accident death or disability cover, hospital cash etc. gives you additional benefits under insurance policy.
There are many life assurance policies where premiums are invested but each month a charge is taken out to pay for that month's life cover (and
sometimes critical illness cover).
Critical illness cover comes both as a standalone insurance plan and as a rider on a health insurance plan, the features being more or less the same.
Be mindful when
seeking critical illness cover that it may be difficult to be accepted for a policy if you have a pre-existing or chronic medical condition.
Mr. Sharma, aged 30 years, opts for Sum Assured of Rs. 1 Crore for term insurance cover under Aviva i - Life and Sum Assured of Rs. 10 Lac as
critical illness cover under Aviva Health Secure for 30 years of policy term.