If accident causes total and permanent disability to the life assured, Star Union Dai - ichi will
pay rider sum assured in 10 equal half - yearly installments.
In the case of an accidental death of the life insured within 180 days of the occurrence of an accident, BSLI will
pay rider sum assured to the nominee.
If accident causes total or partial disability, Bajaj Allianz will
pay rider sum assured.
In the case of an accidental death of the life insured within 180 days of the occurrence of an accident, Bajaj Allianz will
pay rider sum assured to the nominee.
BI Life - Accidental Death Benefit Linked Rider In the case of an accidental death of the life insured, SBI will
pay rider sum assured in addition to the basic term assured to the nominee.
SBI Life - Accidental Total and Permanent Disability Rider In the case of disability to the life insured caused due to the accident, SBI will
pay rider sum assured in addition to the basic term assured to the nominee.
SBI Life - Accidental Death Benefit Rider In the case of an accidental death of the life insured, SBI will
pay rider sum assured in addition to the basic term assured to the nominee.
In the case of disability to the life insured caused due to the accident, SBI will
pay rider sum assured in addition to the basic term assured to the nominee.
In the case of an accidental death of the life insured, SBI will
pay rider sum assured in addition to the basic term assured to the nominee.
HDFC Life Critical Illness Rider: The insured is
paid rider sum assured on being diagnosed with any of the 19 critical illnesses
Akin to a term insurance plan, a term rider
pays the rider sum assured to the nominee in the event of the insured's death before the expiration of the policy.
Not exact matches
This
rider adds to the cost of your premiums but ensures that you'll receive a portion or the
sum of premiums
paid if you live past the term of the policy.
New Jersey commuters, including mass transit
riders who work in New York, already
pay large
sums in income taxes to New York, Gordon said.
This
rider adds to the cost of your premiums but ensures that you'll receive a portion or the
sum of premiums
paid if you live past the term of the policy.
This
rider enables you to receive a lump
sum portion of your death benefit to help
pay expenses if you become terminally ill or need to live in a nursing home.
The critical illness
rider pays you a lump
sum, usually a specified amount, for specified critical events.
If you have a qualifying terminal illness, the
rider kicks in and your life insurance company will
pay you a lump
sum from your death benefit of anywhere between 25 and 80 percent.
Critical Illness Benefit
Rider: covering qualifying critical illnesses such as heart attack, stroke and cancer, this optional
rider will
pay you a lump
sum of $ 20,000 up to $ 150,000 if you are diagnosed with a qualifying major illness.
The policy includes an accelerated death benefit
rider which will
pay you a lump
sum if you are diagnosed with a qualifying terminal illness.
The Legalese A life insurance policy with a critical illness
rider will
pay out a lump -
sum benefit to the insured if they are diagnosed with a covered critical condition (such as cancer, stroke, or a coma).
Term insurance with ADB
rider: If death happens due to an accident, basic
sum assured +
sum assured selected under ADB
rider, both put together will be
paid as claim amount to the nominee.
Grace period for Exide Life New Creating Life Insurance Regular
Pay and Metlife Endowment Savings Plan is an important point to be compared with other points such as amount of
sum assured, plan benefits,
riders, etc..
Grace period for Sahara
Pay Back and Canara HSBC eSmart Term Plan is an important point to be compared with other points such as amount of
sum assured, plan benefits,
riders, etc..
Grace period for Exide Life New Creating Life Insurance Regular
Pay and SBI Life Saral Shield is an important point to be compared with other points such as amount of
sum assured, plan benefits,
riders, etc..
Grace period for Sahara
Pay Back and IndiaFirst Guaranteed Retirement Plan is an important point to be compared with other points such as amount of
sum assured, plan benefits,
riders, etc..
Policyholders can go for a critical illness
rider where the
sum insured is
paid to the policyholder in case of a critical ailment.
Accelerated death benefit
rider —
pays 92 % of the death benefit in a lump
sum if life expectancy is less than 24 months.
The goal of the IPO
rider is to
pay out the death benefit over a longer period of time to protect the beneficiary from the typical lump
sum, which essentially amounts to a «blank check».
Note: Both of these policies offer a valuable
rider called «critical illness benefit» — if you opt for this
rider, the company will
pay a lump
sum if you are diagnosed with a specific critical illness.
Adding the
rider makes the coverage comprehensive as it promises to
pay 1 % of the
rider sum assured every month to the insured for a fixed period of 10 years if the insured suffers total permanent disability in an accident.
There is an extra nominal
sum you need to
pay in addition to your premium for these
riders.
If you have opted for a personal accident
rider with your health plan, the lump
sum paid, in case the insured suffers a disability, is not taxable.
For instance, if your base
sum insured is Rs 2 lakh, your premium outgo will be around Rs. 3233, out of which Rs. 717 will be the amount that you would have to
pay towards the room rent waiver
rider.
That
rider pays out either a lump
sum (usually three to six times the monthly benefit) or a few extra months of benefits to a beneficiary if you die.
As per this
rider, the insurer
pays a lump -
sum amount to the child, post the policyholder's demise.
This
rider adds to the cost of your premiums but ensures that you'll receive a portion or the
sum of premiums
paid if you live past the term of the policy.
This
rider pays you a portion of the basic
sum assured in advance for treatment.
Critical illness cover
riders are especially beneficial since they offer lump
sum pay outs in case a claim is made based on its condition.
This
rider enables you to receive a lump
sum portion of your death benefit to help
pay expenses if you become terminally ill or need to live in a nursing home.
In truth, the name
sums it up very well because, when this
rider is included in a term life policy, it will see all of the premiums
paid returned to the policyholder if they outlive the policy.
Generally, if your policy has been in place for at least two years, a chronic illness
rider will
pay you a lomp
sum or monthly benefit up to a certain percentage of your death benefit.
This
rider cost $ 25,000 and while that might sound like a substantial
sum, it
paid off in spades.
Death benefit
riders and enhanced death benefit
riders will
pay out a lump
sum to the annuitant's beneficiaries upon their death.
The child
rider allows you to
pay an extra
sum to get $ 10,000 worth of coverage on each of your kids.
Chronic illness
riders may also
pay out in a lump
sum or on an annual basis, whereas long - term care
riders usually have a monthly payout.
This type of
rider pays out a single lump -
sum that is usually equal to at least half of the policy's death benefit.
These
riders will
pay out an appropriate
sum in case of the above - mentioned incidents take place.
The Chronic Illness
rider pays a one - time lump
sum payment of up to 50 percent of the policy's face amount with no waiting period.
For instance, a critical illness
rider will
pay a specified lump
sum amount in case the policy owner is diagnosed with any of the illnesses mentioned in the policy document.
The Aegon Life iDisability
Rider will
pay a lump -
sum benefit under the
rider.