Sentences with phrase «illness rider sum»

Critical Illness Plus Rider: This rider provides additional critical illness rider sum assured in case, diagnosed with any of the listed 19 Critical Illnesses.

Not exact matches

The critical illness rider pays you a lump sum, usually a specified amount, for specified critical events.

If you have a qualifying terminal illness, the rider kicks in and your life insurance company will pay you a lump sum from your death benefit of anywhere between 25 and 80 percent.

Critical Illness Benefit Rider: covering qualifying critical illnesses such as heart attack, stroke and cancer, this optional rider will pay you a lump sum of $ 20,000 up to $ 150,000 if you are diagnosed with a qualifying major iIllness Benefit Rider: covering qualifying critical illnesses such as heart attack, stroke and cancer, this optional rider will pay you a lump sum of $ 20,000 up to $ 150,000 if you are diagnosed with a qualifying major illnessillness.

The policy includes an accelerated death benefit rider which will pay you a lump sum if you are diagnosed with a qualifying terminal illness.

The Legalese A life insurance policy with a critical illness rider will pay out a lump - sum benefit to the insured if they are diagnosed with a covered critical condition (such as cancer, stroke, or a coma).

The critical illness rider will give you a lump - sum benefit, taken out of your death benefit, that will help you cover unexpected medical costs and other expenses.

A critical illness rider offers a lump - sum benefit to cover healthcare and other costs if you have a critical illness (such as cancer, kidney failure, end - stage lung disease, or other life - threatening condition).

Policyholders can go for a critical illness rider where the sum insured is paid to the policyholder in case of a critical ailment.

How a chronic illness rider works is the policy owner can access a portion of their death benefit in a lump sum to cover expenses.

For a 25 - year old person, the annual premium of a 20 - year endowment policy with a sum assured of Rs 1 crore, with a Rs 5 lakh critical illness rider, would be Rs 24,863.

So, if the policy holder opts for a critical illness rider, he is liable to receive a pre-determined sum on being diagnosed with critical illness.

Note: Both of these policies offer a valuable rider called «critical illness benefit» — if you opt for this rider, the company will pay a lump sum if you are diagnosed with a specific critical illness.

The critical illness rider will give you a lump - sum benefit, taken out of your death benefit, that will help you cover unexpected medical costs and other expenses.

People who buy these Critical Illness riders will get a fixed lump sum amount as soon as the diagnosis is carried out by any of the prior conditions specified in the terms and conditions column of the document of the policy.

Critical Illness rider offers an additional sum assured over the base plan offering if the life insured is diagnosed with one of the critical illnesses mentioned in the rider.

Critical illness rider provides immediate lump - sum amount in case you are diagnosed with such illnesses.

A critical illness rider will provide a lump - sum benefit to help cover medical expenses and other costs if you were to be diagnosed with a critical health condition.

Critical illness cover riders are especially beneficial since they offer lump sum pay outs in case a claim is made based on its condition.

Generally, if your policy has been in place for at least two years, a chronic illness rider will pay you a lomp sum or monthly benefit up to a certain percentage of your death benefit.

On the other hand, if it is topped with a critical illness benefit rider, the policyholder stands to gain a lump sum upon diagnosis of such an illness.

A critical illness insurance rider gives the sum assured to the life insurance policy holder on diagnosis for the purpose of treatment.

So by opting for a critical illness rider or a critical illness plan, for instance, he is entitled to receive the sum assured on being diagnosed with the critical illness.

So if let's say there is a critical illness rider, he is entitled to receive the sum assured on being diagnosed with the critical illness.

Chronic illness riders may also pay out in a lump sum or on an annual basis, whereas long - term care riders usually have a monthly payout.

The Chronic Illness rider pays a one - time lump sum payment of up to 50 percent of the policy's face amount with no waiting period.

For instance, a critical illness rider will pay a specified lump sum amount in case the policy owner is diagnosed with any of the illnesses mentioned in the policy document.

Edelweiss Tokio Life - Group Extended Critical Illness Rider provides you the full rider sum assured in lumpsum on diagnosis of any one of the 12 critical illnesses including Cancer, Heart Attack or Kidney Failure.

Unlike the traditional critical illness rider, which generally reimburses the medical bills, Bharti Axa pays the insured amount in a lump sum.

Dear Anurag, Accidental and critical illness are optional riders to a Basic term plan, if you opt for them then the basic sum assured would be enhanced by the respective Riders» sum asriders to a Basic term plan, if you opt for them then the basic sum assured would be enhanced by the respective Riders» sum asRiders» sum assured.

On the first diagnosis of any of the six critical illness, the rider benefit will be paid as a lump sum benefit.

Generally, once a critical illness is medically diagnosed then lump sum payment is paid and that rider cease to exist and in most of the plans the base life cover will continue.

On being diagnosed with any of these 4 critical illnesses, the sum assured under this rider is paid out and the rider terminates while the life cover under the Base Plan and other Riders if any continues.

With this rider, you will receive lump - sum amount on a valid diagnosis of a critical illness (Only if specified in the policy).

Critical illness rider: This allows beneficiary to receive a lump sum amount in case policyholder is diagnosed with major illnesses which are predefined in the policy.

Critical Illness Rider — With this rider, the insurance company will pay out a lump sum amount if the insured becomes diagnosed with a covered critical illness that is specified in the Illness Rider — With this rider, the insurance company will pay out a lump sum amount if the insured becomes diagnosed with a covered critical illness that is specified in the illness that is specified in the policy.

HDFC Life Critical Illness Rider: The insured is paid rider sum assured on being diagnosed with any of the 19 critical illnesses

This rider offers the sum insured to the policyholder immediately if a critical illness is diagnosed.

The insurance company also pays an additional lump sum amount in case the insured has to undergo of any surgeries Premium Waiver rider: This rider offers waiver of future premiums in case of critical illness of the life insured, death or total and permanent disability

A critical illness rider pays you a lump sum if you suffer from a sudden critical illness such as a heart attack or cancer.

Under critical illness rider, the insured receives a lump - sum on the diagnosis of critical illness pre-specified in the policy.

The rider enables the insured to get a guaranteed cash sum if they are diagnosed with any of the critical illnesses.

Owing to this rider, you are eligible to receive a lump sum amount upon the diagnosis of a critical illness, as listed by your insurance provider.

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 tIllness 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 tillness covered under the scope of the rider during the tenure of the plan

Reliance Critical Conditions (25) Rider — under this rider a lump sum amount is paid to the insured if he / she is diagnosed with any of the 25 covered critical illnesses.

This rider offers the sum assured to the policy holder immediately if a critical illness is diagnosed.

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 hiIllness 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 hiillness 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.

Bajaj Allianz ULIP Critical Illness Benefit Rider provides the benefit of additional rider sum assured in case of first diagnosis of any of the specified 11 Critical Illnesses.

With this rider, the policyholder receives a lump sum on valid diagnosis of a critical illness pre-specified in the policy.

Accelerated Sum Assured: This rider is helpful as it allows the policyholder to get the sum assured on being diagnosed with any of the specified critical illnesses.