Sentences with phrase «riders cover»

The most common riders cover critical illness (or dreaded diseases) or personal accident (or accidental death and dismemberment).
The majority of riders cover children until their 21st birthday, but this will differ between insurance carriers.
Riders cover risks that are beyond the scope of the main life policy, resulting in a more comprehensive protection.
Life insurance riders cover many of these risks at a low cost and can be attached to a term plan.
Typically, such riders cover about 10 - 15 ailments on an average.
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Riders cover risks that are beyond the scope of the main policy, resulting in a more comprehensive protection.
«This rider covers the crew, and it covers the on - screen roles of the smaller parts, you know, the folks who make their living doing part after part, who also combine that with waiting tables.
Something important to note is that the purchase of a child rider covers all your children.
A single rider covers all eligible children to the earlier of the child's 25th birthday, the insured's 65th birthday or policy termination.
This rider covers all eligible children.
Disability rider covers the insured if they suffer a qualifying disability and are unable to work.
If you're seeking to pick an optional rider to amplify the insurance cover, it is necessary for you to understand each rider covered and the sort of benefits it is offering.
If a base policy is maintained with the rider cover, the administrative cost is considerably lower.
This rider covers all your medical and rehabilitation costs if you are diagnosed with a life - threatening illness or disability.
Something important to note is that the purchase of a child rider covers all your children.
If the policy holder becomes totally of permanently disabled, then the company shall waive all his future premiums under the base plan and rider covers.
Your GIO rider covers these by placing you in the same health class as you were when you initially bought coverage.
Whichever you choose, the Extended No - Lapse Guarantee rider covers 100 % of the total specified amount — the coverage stated in your policy.
A single rider covers all of the eligible children up to the youngest child's 25th birthday.
Riders covering other risks such as accident are available and can be attached to term plans and provide a much wider protection to your family.
This rider covers each of your children under age 18 with coverage of $ 10,000.
So, if your term plan has a cover of Rs. 1 Crore and Critical Illness rider cover is of Rs. 30 Lakhs, then on diagnosis of the covered critical illness, Rs. 30 lakhs will be paid over and above the base cover of Rs. 1 crore.
Under this, the critical illness rider cover amount is paid over and above the base cover benefit.
Say, your term plan has a cover of Rs. 1 Crore and Critical Illness rider cover is of Rs. 30 Lakhs.
Bonuses: For an example a customer is paying Rs. 2672 / - per month in Exide life secured Income Insurance Plan for 20 years for a sum assured of Rs. 5 Lakh and by paying extra Rs. 135 / - per month for rider cover and he get an additional life cover of Rs. 5 Lakh and he get a double protection.
If your critical illness rider cover is say for Rs. 50 Lakhs, the entire amount is paid to you in full.
Critical Illness Cover: This rider covers 6 major critical illnesses, Cancer, Heart Attack, Stroke, Kidney Failure, Coronary Artery Bypass Surgery, Major Organ Transplant.
Aegon life iCI rider covers 4 critical illnesses such as Cancer, Open chest CABG, first heart attack and stroke.
Accidental Death / Permanent Disability Benefit Rider: This rider covers the risk of death or permanent disability due to accident.
If you terminate your life cover, the rider cover will automatically lapse.
Personal Accident Rider: This rider covers compensation for all kinds of accident including permanent total disablement, accidental death, permanent partial disablement and temporary total disablement.
It is unlikely for an insurer to offer you a larger rider cover against a smaller base cover.
This additional rider cover provides a monthly benefit of 1 % of the sum assured amount which is a 12 % p.a..
By opting for some additional rider covers, such as zero depreciation cover or personal accident cover, you can increase the policy benefit of your main cover.
Family Income Benefit Rider: On death or permanent disability of the insured, this rider cover provides a monthly benefit of 1 % of the sum assured monthly which is 12 % per annum to the nominees.
This rider cover provides additional death benefit based on the sum assured as chosen under the rider.
The option of enhanced protection by choice of two riders covering accidents and critical illness.
A long - term care rider covers the daily care needs of the elderly, such as bathing, grooming, dressing, and eating and provides a daily benefit amount decided by and paid to the family.
This rider covers 4 critical illness conditions: cancer, first heart attack, stroke, and open chest CABG.
There are three different riders covering accidental death, accidental disability and waiver of premium.
Life cover and rider cover (if any) will cease to exist.
On being diagnosed with any of these 4 critical illnesses, future premiums payable under the plan and riders (if any) are waived while the life cover and other rider cover continue.
If you are diagnosed with any of these 4 critical illnesses, future premiums payable under the plan and riders (if any) are waived off while your life cover as well as other rider covers continue.
On being diagnosed with any of these 4 critical illnesses, future premiums payable under the plan and riders (if any) are waived while the life cover and other rider cover continues.
This rider covers 16 critical illness and permanent total disability due to illness or accident.
In case the Life Assured is diagnosed with any of these critical illnesses, future premiums payable under the base plan and other riders (if any) are waived while the life cover and other rider covers continue.
Aegon Life iCI Rider (UIN: 138B011V01): This rider covers 4 critical illness conditions: Cancer, Open Chest CABG, First Heart Attack and Stroke.
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