Apart from the premium waiver benefit, accidental death benefit and accidental total and
permanent disability benefit riders are the integral parts of this child education plan.
Apart from the premium waiver benefit, accidental death benefit and accidental total and
permanent disability benefit riders are the integral parts of this child education program.
Excel Essential UL also offers a child term rider, insurance exchange rider,
total disability benefit rider, waiver of monthly deduction rider and Care4Life Acceleration rider.
LIC Endowment plan offers additional coverage as optional accidental death and
disability benefit rider which can be opted for additional premium along with the basic coverage offered by the policy.
There is also an added benefit of including three riders in this policy: — ● Critical Illness rider ● Accident Benefit rider ●
Congenital Disabilities benefit rider Overall this is a great plan as it is made keeping women in mind.
Excel Essential UL also offers a child term rider, insurance exchange rider,
total disability benefit rider, waiver of monthly deduction rider and Care4Life Acceleration rider.
All the premium paid towards the accidental death benefit rider, accidental total and
permanent disability benefit rider are tax exempted under Sec 80C of Income Tax Act, 1961.
As with other types of life insurance policies, you may be able to add accident or
disability benefit riders to the policy.
The disability benefit rider is available for any occupations and provides up to $ 2,000 a month income replacement to pay your student loans.
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..
Optional cover as an accidental death benefit and
disability benefit rider is provided under the coverage of the plan.
Accidental Death and Disability Benefit - the LIC New Jeevan Anand plan offers additional coverage as accidental death and
disability benefit rider.
This policy offers two additional rider benefits: income benefit rider and accident and
disability benefit rider.
These riders are
disability benefit rider and term assurance rider and are subject to extra premium payment.
Accidental death and
disability benefit rider — this rider pays an additional sum assured in case of accidental death or disability suffered during the plan tenure.
● The plan offers a benefit to choosing the rider; Accidental Death and
Disability Benefit rider.
LIC's additional death and
disability benefit rider are available on payment of some additional premium amount.
LIC's accidental death and
disability benefit rider is an optional rider available on payment of extra premium.
A student loan protection rider and
disability benefit rider is available.
Currently there is only one optional benefit / rider available in this plan with additional premiums which is Accidental death and
disability benefit rider.
A total disability is the incapacity of the insured that is caused by sickness or injury and begins while both the policy and
disability benefit rider are in force.
Dear Jayesh, Do you mean to say that Accident benefit rider and / or
Disability benefit rider is always inclusive in base premium?
Accidental death or
disability benefit rider - You can opt for this rider at any time within the premium paying term of the basic plan provided the outstanding premium paying term is at least 5 years.
Individuals up to 35 years of age can buy either an accidental death or
disability benefit rider, if there are dependents.
Tax benefits Premium paid towards the Critical Illness Benefit Rider or any other health - related rider will qualify for tax benefits under Sec 80D, while riders such as accident and
disability benefit rider, accident benefit rider, and income benefit rider are eligible for tax benefits under Sec 80C.
Accidental death and
disability benefit rider is available up to maximum SA of 50 lakh.Sum assured for this rider is death sum assured.
Insurance21 Replied: 16-08-2017 22:04:35 No,
disability benefit rider is not available with plan.
Premium calculator also provides option to include Accidental Death &
Disability Benefit rider's premium with base plan.