Life Group Accidental Death Benefit Rider — Additional benefits for family in case
of accidental death of insured person / s
Some of the policy also offers accidental death benefit rider in case
of accidental death of the insured person on top of the death benefit.
In the event
of accidental death of an INSURED PERSON, an amount equivalent to the Principal Sum of that person shall become payable in addition to the original Principal Sum.
Not exact matches
The trip cancellation or trip interruption
of the
insured person must be caused by or result from
death,
accidental injury, disease or physical illness
of the
insured person or an immediate family member
of the
insured person, or default
of the common carrier resulting from financial insolvency.
Worldwide Personal Accident covers for self and family member in case
of death or disablement
of the
insured person due to
accidental bodily injury anywhere in world.
The plan also provides the reimbursement
of un-used tuition fees if the
insured person is unable to attend the rest
of the semester as he or she was hospitalized for more than one month for a covered injury / sickness or in case
of medical repatriation or in the case
of the
accidental death of a family member.
If the named
insured shown on the coverage summary page, his / her spouse, or their dependent children suffer an
accidental death arising from the use or operation
of the
insured watercraft while this policy is in effect, and provided that the
death occurs within 12 months
of the date
of the accident, we will compensate the estate
of the deceased
person as follows:
Personal Liability is a benefit that provides coverage to a third
person in case
of accidental injury and / or
death, loss or damage to material property if the
insured person is legally liable for the
accidental injury and / or
death, loss or damage.
Group Personal Accident policy covers the
Insured person in case
of Accidental Death, Loss
of limbs / eyes, Permanent Total Disablement / Permanent Partial Disablement and so on.
1)
Accidental Death Rider — In case of death of an insured person due to accident, the rider will provide additional sum ass
Death Rider — In case
of death of an insured person due to accident, the rider will provide additional sum ass
death of an
insured person due to accident, the rider will provide additional sum assured.
In the event
of death (natural or
accidental)
of an
INSURED PERSON, the necessary, reasonable and customary expenses paid are subject to a maximum of AMOUNT per person for transportation / burial of the
PERSON, the necessary, reasonable and customary expenses paid are subject to a maximum
of AMOUNT per
person for transportation / burial of the
person for transportation / burial
of the body.
In the event
of death (Natural or
Accidental)
of an
INSURED PERSON, the PRINCIPAL SUM in respect of that person shall be
PERSON, the PRINCIPAL SUM in respect
of that
person shall be
person shall be paid.
Apart from this, if the
insured owns a joint term insurance policy, then only one
death payout is offered under the policy, even in the case
of accidental death of both the
insured persons, only one
death benefit is payable to the beneficiary
of the policy.
Under Pradhan Mantri Suraksha Bima Yojana a
death benefit
of Rs. 2 lakh is available to the beneficiary
of the policy in case
of accidental demise
of the
insured person.
Accidental Death & Dismemberment (AD&D): The Company shall pay an indemnity determined from the Table if an
Insured Person sustains a Loss stated therein resulting from Injury and subject to the limitations contained in EXCLUSIONS AND LIMITATIONS, provided that: a) such Loss occurs within 365 days after the date
of Accident causing such Loss; and b) the indemnity payable for any such Loss shall be the Principal Sum stated on the ID Card, as applicable to such
Insured Person and this Insurance; and c) if more than one Loss stated in said Table
of Losses is sustained as the result
of one Accident, only one
of the amounts, the largest, shall be payable.
There are
accidental death insurance policies which only pay out a claim if the
insured person dies from a covered type
of accident and within a certain period
of time
of the accidents occurrence.
Following an
accidental injury to the
Insured /
Insured Person, which results in
Death or Permanent Total Disability, We will pay the Equated Monthly Installment (EMI)
of the loan obtained through a Financial Institution or the Sum as specified in the schedule to the Policy
Accidental Death (AD): In the event
of Death due to an accident, the insurance company shall pay 100 %
of the Sum
Insured to the nominee
of the
Insured Person.
Accidental death insurance applies only to situations where the named
person dies in an unpredictable way, which could include a mechanical malfunction, a car accident or some other situation where the
death of the
insured person was completely outside
of that
person's control.
Accidental Death: It provides for payment of compensation on the insured person's death caused by bodily injury arising out of accidental, violent, external and visible means and resulting
Accidental Death: It provides for payment of compensation on the insured person's death caused by bodily injury arising out of accidental, violent, external and visible means and resulting in d
Death: It provides for payment
of compensation on the
insured person's
death caused by bodily injury arising out of accidental, violent, external and visible means and resulting in d
death caused by bodily injury arising out
of accidental, violent, external and visible means and resulting
accidental, violent, external and visible means and resulting in
deathdeath.