LIC's Premium Waiver Rider is available under the LIC child plan which promises waiver of future premiums in case
of death of the proposer
LIC's Premium Waiver Benefit Rider is available under the plan where the premium is waived off in case
of death of the proposer.
In case
of a death of the proposer, the premium will be waived off in the remaining period of the policy.
BSLI Waiver of Premium Rider (UIN: 109B017V02): In the event
of death of the proposer or any other eventuality, wherein, the proposer becomes completely disabled due to an illness or accident, or is diagnosed with any of the specified critical illnesses, then all the future premiums of the base plan along with the attached riders are waived off for the remaining policy term or till the proposer attains the age of 70, whichever is earlier.
In case
of death of the proposer, the premiums under the basic plan falling due after the date of death shall be waived.
This rider shall not operate in the event
of death of the proposer by his own hands, whether sane or insane within 12 months from the date of issuance of First Premium receipt or within 12 months from the date of revival.
Not exact matches
Premium Waiver rider (UIN: 130B005V03): 100 %
of all future premiums under the base policy are waived and paid by the company on the
death & total permanent disability or critical illness
of Proposer, depending on the chosen option.
Bharti AXA Life Premium Waiver Rider: - Under this rider future premiums will be waived off in case
of critical illness (for rider taken by Life Insured) and under Critical Illness /
Death or ATPD / Both incase Rider is taken by
proposer).
The agent also mentions that this product has future premium waveoff on
death of the
proposer.
Premium Waiver Rider: - Under this rider future premiums will be waived off in case
of critical illness (for rider taken by Life Insured) and under Critical Illness /
Death or ATPD / Both incase Rider is taken by
proposer).
This is a policy that covers expenses arising out
of any accident that results in the disability or
death of the
proposer.
A third party legal liability cover which includes legal protection from
death or injury claims from third parties due to damages causing a permanent injury or
death of a person and damage caused to the surrounding property including occupants
of the vehicle, cost and expenses incurred without the prior consent
of the company and personal accident benefits for the
proposer, paid driver and the occupants
of the two - wheeler.
In the event
of death / disability
of life assured or the
proposer (parent), the future premiums in the plan are waived off and the policy continues till maturity.
In case the
proposer suffers any disability, accident or
death of the
proposer (not the insured), then the premiums for the base policy and riders will be waived.
Premium waiver rider is applicable under the plan so that after the
death of the
proposer, the future premiums are waived off and paid by the company
A term plan is a basic life insurance cover against
death of the
proposer or life assured.
In case you buy this one, then in case
of unfortunate
death of the
proposer, all the future premiums will be waived off and the policy benefit will continue.
Option 1 provides benefit
of waiving off all future Premiums due and payable under the base policy either on
death or on total and permanent disability
of the
Proposer.
Bharti AXA Life Premium Waiver Rider: - Under this rider future premiums will be waived off in case
of critical illness (for rider taken by Life Insured) and under Critical Illness /
Death or ATPD / Both incase Rider is taken by
proposer).
You will not be liable to pay future Premiums
of your base policy either on
death, total permanent disability or critical illness
of the
Proposer.
Premium Waiver rider (UIN: 130B005V03): 100 %
of all future premiums under the base policy are waived and paid by the company on the
death & total permanent disability or critical illness
of Proposer, depending on the chosen option.
Premium Waiver Rider: - Under this rider future premiums will be waived off in case
of critical illness (for rider taken by Life Insured) and under Critical Illness /
Death or ATPD / Both incase Rider is taken by
proposer).
In case
of death of minor life, the
death benefit is paid to the
proposer.
Insurance21 Replied: 08-04-2017 08:29:09 This policy does not have premium waiver option, so premium will not be waived in case
of proposer's
death, that is, policyholder will have to pay specified premium otherwise policy will lapse.
Insurance21 Replied: 30-03-2018 12:25:36 If the policy has been taken with premium waiver rider and
proposer's
death happens during premium paying term (for example 1 or 2 year after taking policy), then further premium will be waived off and all benefits will be paid to child (policy holder) at the time
of money back and maturity.