If a policyholder having a policy with accident benefit rider option happens to meet with an accident due to which he / she becomes permanently disabled within 180 days of
occurrence of the accident then the company shall pay the policyholder equal monthly installment amounts for ten years and the value of all these installment amounts will be equivalent to the accident benefit sum assured amount.
Not exact matches
If the life assured has an
accident caused by outward, violent and visible means and results in the death within a period
of 180 days
of the
occurrence of the incident
then this rider benefit shall be payable.
If the insured person sustains bodily injury within 12 months from the
occurrence of the accidental bodily injury which is caused due to
accident solely and directly by external, violent and visible means resulting in permanent loss
of use
of two limbs, i.e. either both hands or two feet, or
of one hand and one foot,
then 100 %
of the sum assured is paid and for 1 limb, 50 %
of the sum assured
If the insured person sustains bodily injury within 12 months from the
occurrence of the accidental bodily injury which is caused due to
accident solely and directly by external, violent and visible means resulting in irrecoverable loss
of use
of two hands or two feet, or
of one hand and one foot, or
of such loss
of one eye sight and such loss
of use
of one hand or one foot,
then the plan covers the same for full capital sum insured.
If you live in a city where crashes are a common
occurrence,
then you may need more protection from online insurance companies to cover the likelihood
of an
accident occurring.