Sentences with phrase «rider sum assured»

The minimum ADB rider sum assured is Rs. 10 lacs and the maximum is Rs. 50 lacs.

Additional benefit equal to rider sum assured if the death occurs as a result of an accident.

The rider sum assured would be payable on the life assured being diagnosed with any of the thirteen diseases mentioned below and surviving for 30 days from the date of diagnosis.

In case of death due to an accident, rider sum assured becomes payable in addition to the basic sum assured.

In the unfortunate event of death, the rider sum assured becomes payable in addition to the basic sum assured.

Further, in order to ensure additional protection, he also buys Max Life Term Plus Rider (Rs. 10 lacs rider sum assured with 20 years rider premium payment term) at a nominal incremental price.

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.

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.

Critical Illness Plus Rider: This rider provides additional critical illness rider sum assured in case, diagnosed with any of the listed 19 Critical Illnesses.

The rider sum assured can be equal to the base plan sum assured or Rs. 1 crore, whichever is lower.

In the event of total and permanent disability caused due to accident, 100 % of the rider sum assured is payable as a lump sum.

In the event of accidental death of the life insured, 100 % of the rider sum assured is payable as lump sum.

This plan offers Tata AIA Life Insurance Accidental Death and Dismemberment (Long Scale)(ADDL) Rider which provides protection of your family by giving an amount equal to the rider sum assured in case of an accidental death.

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

Each such installment will be equal to 10 % of the rider sum assured.

The rider sum assured is payable on contracting any of the 16 critical illness or permanent total disability due to illness or accident.

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.

On first diagnosis any of out of 11 critical illness, death, or accidental total disability, 1 % rider sum assured will be paid.

If accident causes total or partial disability, Bajaj Allianz will pay rider sum assured.

In the case of disability to the life insured caused due to the accident within 180 days of the occurrence of an event, BSLI will pay a percentage of rider sum assured based on the bodily injury.

It pays a lump sum benefit equal to rider sum assured in case the life assured is diagnosed with any of these illnesses.

In the case of an accidental death of the life insured within 180 days of the occurrence of an accident, BSLI will pay 100 % of rider sum assured to the nominee.

BSLI Accidental Death Benefit Rider Plus (UIN: 109B023V01): In the unfortunate event of death of the life insured due to an Accident, within 180 days of occurrence of the accident, the nominee is provided with 100 % of the 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.

Edelweiss Tokio Life — Group Critical Illness Rider provides you the full rider sum assured is payable in lumpsum on diagnosis of any one of the 6 critical illnesses like Cancer, Heart Attack or Kidney Failure.

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.

The amount will be equal to the 10 % of the rider sum assured benefit.

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.

Reliance Family Income Benefit Rider is an add - on features that provides 1 % (every month) or 12 % (every year) of the rider sum assured to the beneficiary.

Bajaj Allianz ULIP Critical Illness Benefit Rider provides the benefit of additional rider sum assured in case of first diagnosis of any of the specified 11 Critical Illnesses.

Bajaj Allianz ULIP Accidental Permanent Total / Partial Disability Benefit Rider provides the benefit of additional rider sum assured in case of unfortunate Permanent Disability due to an accident.

Death Benefit: In case of unfortunate death of the life assured during the policy term, the claimant will receive an amount equal to the rider sum assured, which can be equivalent to the base policy sum assured.

Get additional cover by way of rider sum assured in case of Death or Dismemberment (impairments are listed under the Rider contract) due to accident.

Once the rider sum assured is paid or the completion of the rider policy term which ever happens earlier, the rider automatically would terminate.

HDFC Life Critical Illness Rider: The insured is paid rider sum assured on being diagnosed with any of the 19 critical illnesses

In case of life assured's death, the nominee will receive the life cover and rider sum assured.

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.

In the unfortunate event where the policyholder dies in an accident, the rider sum assured is paid to the nominee, appointed by the policyholder.

If the plan buyer dies during the term of the plan, then the rider sum assured is paid to the nominee.

In case, if the policyholder opts for optional riders, the death benefit shall be the base sum assured plus the rider sum assured.

Accident Benefit Rider: In the event of death of the life assured due to an accident or accidental permanent disability, rider sum assured is paid.

Edelweiss Tokio Life - Group Extended Critical Illness Rider provides you the full rider sum assured in lumpsum on diagnosis of any one of the 12 critical illnesses including Cancer, Heart Attack or Kidney Failure.

You can opt for a IndiaFirst Term Rider to get death benefit equal to the rider sum assured in case of death of the life assured

It may happen that the insured would be disabled for life then he is entitled to get survival benefit which will be calculated as a percentage of the rider sum assured in line to the severity of the disability.

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.

The rider sum assured can not be greater than the Sum Assured that is applicable under the Base Policy.

The above riders sum assured can not exceed the base sum assured.