Sentences with phrase «of accidental death benefit»

There is an in - built rider of Accidental Death Benefit.
If you opt for Smart Life Plus plan, you get an additional inbuilt rider of Accidental Death Benefit.
Types of riders Accidental Death Benefit Rider (ADB): In case of death due to an accident, the rider sum assured of the Accidental Death Benefit Rider is payable in addition to the normal death benefit.
Total Payout = 330 % of cover amount (Base Sum Assured) = Rs. 1.65 crores (Rs. 25 lakhs i.e. 50 % of cover amount + Rs. 50 lakhs i.e. 100 % of accidental death benefit) + Rs. 1.5 lakhs (3 % of Sum Assured) every month for the next 5 years.
However there are many insurance policies which cover hazardous jobs as part of an accidental death benefit rider.
For example, if you have a traditional life insurance plan but now, are also willing to invest in an accidental death plan, one option is to check the availability of an accidental death benefit rider in it.
If he dies in an accident, then his wife would receive the basic sum assured & additional sum assured on account of Accidental Death Benefit Rider.
Offers an inbuilt rider of Accidental death benefit wherein an additional sum assured is paid only during accidental death of the insured.
If the primary insured dies in an accident, an additional 25 % of the death benefit will be paid as a part of the Accidental Death Benefit Rider which is included.
The insurance company that is liable for the payment of an accidental death benefit will conduct a thorough investigation into the cause of death before paying the claim.
There are situations that an insurance company may not cover; the specifics of Accidental Death benefit vary by the product you purchase.
College Education Benefit for Children and Spouse: Your beneficiary will receive 2 % of your accidental death benefit (up to $ 3,000 per year) for each of your children (and / or spouse) attending college full - time on the date of the accident.
Often, the dismemberment benefit will pay a portion of the accidental death benefit for accidents in which the enrolled person or enrolled dependent would suffer the loss of any or all limbs, be paralyzed, lose sight, hearing, speech or specific combinations of injuries that inhibit mobility and activities of daily living.

Not exact matches

Lots of little gems in this book, including the fact that a spouse must be married at least nine months before being eligible for survivor benefits (unless the death is ruled «accidental» by a faceless panel of S.S. bureaucrats).
Under this scheme, the eligible families can get reimbursement for medical expenses up to Rs. 30, 000 and accidental death benefit of Rs. 25, 000 to the breadwinner in the family.
Even though alcoholism ranks as one of the country's three major health problems, along with cancer and heart disease; even though it accounts for approximately 98,000 deaths every year; even though it is the root cause of most pastoral - care crises (suicides, auto fatalities, child abuse, divorces, hospital admissions, accidental deaths and home violence); even though it costs the nation $ 120 billion annually in terms of lost work time, health and welfare benefits, property damage, medical expenses, insurance and lost wages; and even though its effects impair the educational process of every child in every classroom, still the church acts as though alcoholism does not exist.
Currently, volunteer firefighters are eligible for accidental disability and death benefits through Workers» Compensation if they are injured in the line of duty.
Doing so would have treated a gun as a consumer product, like a power drill or a lawn mower or a food processor, that carries with it a certain risk of accidental injury or death that must be weighed against its benefits.
This Notice does not apply to health information collected or maintained by The Wistar Institute (the «Company») on behalf of the non-health employee benefits that it sponsors, including disability benefits, life insurance, accidental death and dismemberment insurance, and workers» compensation insurance.
When you purchase an accidental death and dismemberment rider, read all the fine print and confirm that what is written reflects your understanding of the payment terms, death benefits, and what is both included and excluded from your coverage.
If you die as the direct result of a vehicular, air, or sea accident that you did not deliberately cause, your insurer will pay your beneficiary the accidental death benefit, which is normally twice the value of your insurance policy's face value.
Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in fDeath Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in fdeath of the Life Insured due to an accident subject to the rider policy being in force.
2) Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): Under this rider you will receive additional sum assured as chosen in case of unfortunate event of death due to an acciDeath Benefit Rider (UIN: 130B008V01): Under this rider you will receive additional sum assured as chosen in case of unfortunate event of death due to an accideath due to an accident.
Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in - fDeath Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in - fdeath of the Life Insured due to an accident subject to the rider policy being in - force.
In the event of multiple Accidental deaths per account arising from any one Accident, the Company's liability for all such Losses will be subject to a maximum limit of insurance equal to two times the Benefit Amount for loss of life.
Optional Riders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as riders.
The beneficiary for the accidental death insurance benefit on this product follows the automatic succession of: spouse, child (ren), parents, brothers and sisters, estate.
Benefits increase 5X in case of accidental death If you die as the result of an accident (as defined in your policy) before age 85, your beneficiary will be eligible to receive five times your coverage amount.
etc) c) Due to Accidental Death in any mode of Transport without Accidental Death benefit rider (Train, Bus, Air plane crash, Car.
i am 35 year old with a family of three, me, spouse and baby Policy term; 30 year life cover: 1,00, oo, 000 accidental death benefit: 63,00,000, Critical illness benefit 10,00,000 Total premium for this plan is 18,332.
after gone thru various factors i would like choose Aegon Life iTerm Plan, factors influenced me: premium, additional riders: Accidental death benefits +4 Critical illness benefits (cancer, openchest CABG, first heart attack and stroke), wavier of premium raider on critical illness.
The accidental death benefit rider (called a double indemnity rider) increases the death benefit, if you die as the result of an accident.
We give you Accidental Death Benefit while we process your application, giving you some peace of mind that you're covered in case of accidenAccidental Death Benefit while we process your application, giving you some peace of mind that you're covered in case of accidental dDeath Benefit while we process your application, giving you some peace of mind that you're covered in case of accidentalaccidental deathdeath.
The former pays a benefit for any type of death while the later pays out in the instance of an accidental death.
what r dif typs of accidental & other deaths included in term life insurence in order to claim death benefits to nominee without any hurdles?
4 Accidental Death Benefit Rider doubles the insurance proceeds payable when death occurs prior to age 65 as a result of accidental bodiAccidental Death Benefit Rider doubles the insurance proceeds payable when death occurs prior to age 65 as a result of accidental bodily inDeath Benefit Rider doubles the insurance proceeds payable when death occurs prior to age 65 as a result of accidental bodily indeath occurs prior to age 65 as a result of accidental bodiaccidental bodily injury.
Accidental Death benefit and Accidental Total and Permanent Disability benefit are the two inbuilt riders of this plan.
This group life Accidental Death Benefit Rider offers better protection for the family, in case of loss of life of the Life Insured due to any sudden accident.
Other benefits include accidental death, which provides benefits when death occurs as a result of an accident, family plan for insured spouse and children, disability waiver of premium, which waives the premium payments if the insured becomes disabled for more than 6 months and mortgage payment disability benefit which offers money to continue making payments if the insured individuals becomes disabled for 60 days or longer.
Additional optional benefits and riders that can be available with the Amica level term life insurance policies include the waiver of premium, the children's insurance rider, and an accidental death benefit rider.
There are also additional optional benefits and riders, which include a waiver of premium, children's insurance, accidental death benefit, and / or a guaranteed option to purchase additional insurance.
In case you are worried about dying from an accident, this rider will allow you to choose a death benefit to be paid on top of the primary coverage resulting from an accidental death.
Policies can be customized with riders such as children's term rider, accidental death benefit, disability waiver of premium and more to suit your individual needs.
I mean if i put Term insurance of rs 1 crore, accidental death benefit is 2 crore.
Accidental Death Benefit — In case of a death due to accident, the PA policy would pay 100 % Sum Assured to the nominee / beneficDeath Benefit — In case of a death due to accident, the PA policy would pay 100 % Sum Assured to the nominee / beneficdeath due to accident, the PA policy would pay 100 % Sum Assured to the nominee / beneficiary.
Some examples include accidental death benefit, which pays double the face amount for accidental deaths, and child term rider, which adds coverage to the child of the insured.
Grief Counseling: This unique benefit pays for counseling services (within 1 year of a covered person's accidental death) for covered survivors.
Many of these plans offer added benefits such as accidental death coverage, which reimburses you the purchase price of your pet, if he or she accidentally dies during treatment.
Your employer may have a variety of benefits and insurance options available that may include: health benefits for you and your dependants, short - term disability benefits (STD), long - term disability benefits (LTD), life insurance, accidental death and dismemberment insurance, and, pension plans.
We can explain which aspects of your loss will be recognized by the law, help you pursue your right to survivors» benefits and life insurance, and help you deal with the practical and emotional challenges that inevitably arise in the aftermath of an accidental death in the family.
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