Yes, HDFC Life Critical Illness Plus Rider is available under the plan which covers 19 critical illnesses and pays an additional Sum Assured if the policyholder is diagnosed with any of the covered
illnesses during the plan tenure.
The plan can be taken for a basic cover or a cover with Critical Illness benefit inbuilt in the plan option which provides an additional Sum Assured in case the life insured suffers a critical
illness during the plan tenure.
Option 4 - if Rohit suffers from any terminal
illness during the plan tenure, 25 % of the total Sum Assured which is Rs. 25 lakhs would be paid in lump sum.
Not exact matches
There is an inbuilt Payout Accelerator Benefit which pays 50 % of the Sum Assured immediately if the insured is diagnosed with a terminal
illness during the
tenure of the
plan.
If the chosen Benefit Payment Preference is Save - n - Gain under any of the
plan option, in case of death or critical
illness suffered by the insured
during the
tenure of the
plan, the Sum Assured is paid to the beneficiary who is the child, all future premiums are waived off and 50 % of the premiums are paid by the company towards the
plan and 50 % to the beneficiary on every premium due date and the
plan continues.
Lastly, the Critical
Illness Cover Rider promises the payment of a lump sum amount if the insured is diagnosed with any of the illness covered under the scope of the rider during the tenure of t
Illness Cover Rider promises the payment of a lump sum amount if the insured is diagnosed with any of the
illness covered under the scope of the rider during the tenure of t
illness covered under the scope of the rider
during the
tenure of the
plan
On death or terminal
illness of the insured
during the policy
tenure, the Sum Assured is given in equated monthly instalments for such time which will be equal to the term of the
plan chosen.
During the
tenure of the
plan, if the life insured is diagnosed with any of the above critical
illness, then the premium for the remaining policy
tenure is waived off.