Sentences with phrase «on accident benefit rider»

Not exact matches

Accidental death benefit will also be paid (if rider is opted and on death due to accident).

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.

If the insured dies in an accident while he or she is a fare - paying passenger on a common carrier (e.g., airplane, train, or bus), this rider provides an additional death benefit equal to 100 percent of the original face amount or $ 250,000, whichever is less.

This rider will pay out an additional death benefit if death is due to an accident while riding on public transportation as a fare paying passenger.

For a $ 250,000 policy for a 40 year old male, an Accidental Death Benefit rider for an additional $ 250,000 of coverage in case of accident (for a total of $ 500,000) would cost between $ 150 - $ 250 depending on which life insurance company you choose.

Riders are additional benefits you can get on events like accidents, disability and critical illnesses.

For example, drivers under age 25 are much more likely to be involved in a fatal car accident than older drivers.2 Some riders include extra benefits for accidental death while a passenger on public transportation or while wearing a seat belt.

An accidental death benefit rider allows you to increase the death benefit on your policy in case you die as a result of an accident or injury (typically you must die within 90 days of the accident or injury to qualify).

This rider pays an additional amount on top of the regular death benefit if the insured person dies in an accident.

An accidental death benefit rider allows you to increase the death benefit on your life insurance policy in case you die as a result of an accident or injury (typically you must die within 90 days of the accident or injury to qualify for this benefit).

You can customize your coverage by opting HDFC Life Income Benefit on Accidental Disability Rider that offers monthly Income of 1 % of rider Sum Assured in the event of Total Permanent Disability due to accident for a fixed period of 10 years.

The riders are for critical illnesses like a heart attack, death by accident & for income benefits on disability.

Accidental death benefit will also be paid (if rider is opted and on death due to accident).

2) Instead should I consider buying a term plan with personal accident rider (but they seem to cover benefit only on death)?

If you should die in an accident while a fare - paying passenger on a common carrier (i.e. train), this rider provides an additional death benefit equal to 100 percent of the original face amount or $ 250,000, whichever is less.

The accidental death benefit rider pays out a greater death benefit amount — on top of your policy's stated death benefit — if you die due to an accident.

In addition to that, it comes with an accident death benefit rider, which provides for an extra amount equal to accident death benefit sum assured on death due to accident.

Concealed by the accident benefit rider, the add - on assured sum is always equivalent to the basic assured sum, and is subject to the highest ceiling per person.

A unique add - on benefit is provided by the life insurance providers through the accident benefit rider.

This can include accidental death benefit rider which will provide an addition to the sum assured on death due to an accident.

Additionally, it comes with an accident death benefit rider that provides for an extra amount equivalent to accident death advantage sum assured on death due to a mishap.

LIC's Accidental Death and Disability Rider UIN (512B209V01): If this benefit is opted for an additional amount equal to the Accidental Benefit Sum Assured is payable on death due to accident, provided the rider is in full force at the time of the acbenefit is opted for an additional amount equal to the Accidental Benefit Sum Assured is payable on death due to accident, provided the rider is in full force at the time of the acBenefit Sum Assured is payable on death due to accident, provided the rider is in full force at the time of the accident.

HDFC Life Income Benefit on Accidental Disability Rider: This rider offers a monthly income of 1 % of rider sum assured for a fixed period of 10 years if the policyholder suffers from Total Permanent Disability due to an accident

Riders — There is 1 rider available with this child plan: ADDD rider wherein the benefit is paid on death due to an accident or accidental dismemberment i.e loss of limb or eye.

Furthermore, riders like premium waiver and accident benefit rider provide for a comprehensive coverage of your needs, on payment of additional premium.

Insurance companies also offer riders or add - ons, which cover accidents, critical illness, incapacitation, disability, premium waiver, income benefit rider, etc..