Sentences with phrase «sum disability rider»

Designed life insurance products, including Term, Term Universal Life, a lump - sum disability rider and annuities.

Not exact matches

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.

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.

Accidental Disability rider offers an immediate lump sum payment on occurrence of any disability due to anDisability rider offers an immediate lump sum payment on occurrence of any disability due to andisability due to an accident.

But with riders, such as accidental death benefit and disability benefit, your family gets an additional sum, say in the case of death due to accident, and a steady stream of income for a long period, respectively.

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.

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.

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.

Edelweiss Tokio Life Accidental Total & Permanent Disability Riders: In an unfortunate case of total and permanent disability, a lump sum is provided to the policyholder to cater financDisability Riders: In an unfortunate case of total and permanent disability, a lump sum is provided to the policyholder to cater financdisability, a lump sum is provided to the policyholder to cater financial needs.

Last year I applied for 1 Cr plan from Max Life super term plan with increasing sum insured.I had applied for a disability rider to get a waiver of my premium in case I have an accident during my work.

Edelweiss Tokio Life Accidental Total & Permanent Disability Riders: The policyholder receives a lump sum in case of a permanent accidental dDisability Riders: The policyholder receives a lump sum in case of a permanent accidental disabilitydisability.

If you have taken an additional rider for disability and it happens due to accident then you may get periodical payments from insurance company for next 5 to 10 years at a certain percentage of sum assured.

The insurance company also pays an additional lump sum amount in case the insured has to undergo of any surgeries Premium Waiver rider: This rider offers waiver of future premiums in case of critical illness of the life insured, death or total and permanent disability

Accidental death and disability benefit rider: Here, you will receive an additional sum assured in case of death of the life insured due to an accident

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.

With the disability rider you receive your sum assured for the rider you've paid as an income for a predefined tenure.

The riders available of money back policy are as follows: • Critical Illness rider: This rider offers a guaranteed sum if the Insured is diagnosed with some critical illness including major organ failure, coronary diseases, different types of cancer etc. • Accident rider: In case the policy holder's unexpected death due to accident the nominee receives a sum assured • Disability benefit rider: This type is rider helps in case the policy holder is left paralyzed due to some major accident in his life.

Reliance Accidental Death and Total and Permanent Disablement Rider (Regular Premium)-- the rider promises payment of an additional lump sum amount if the insured dies or suffers total and permanent disability directly due to an accident.

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.

With the inclusion of this rider, most policies pay the disabled policyholder regularly for the next five to ten years following the accident - caused disability, in a certain percentage of the sum assured.

There is also an inbuilt Accidental benefit rider including total and permanent disability where a lump sum amount is paid on accidental death or disability

The accidental death or / and disability rider caters an additional sum assured in case of the demise of the insured or any disability is caused by an accident.

Accidental Total and Permanent Disability Benefit Rider: In the case of an unfortunate event of accidental total and permanent disability the sum assured under the rider shall be paid and other benefits willDisability Benefit Rider: In the case of an unfortunate event of accidental total and permanent disability the sum assured under the rider shall be paid and other benefits willdisability the sum assured under the rider shall be paid and other benefits will continue.

Aegon Life iDisability Rider: With this rider, you will get lump - sum benefit in case of permanent disability and also all the future premiums will be waived off.

Aegon Life iDisability Rider (UIN 138B014V01): This rider pays lump - sum benefit under the rider plus waives off the future premiums payable under the base plan upon permanent disability of the Life Assured due to accident or sickness.

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 thDisability 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 thdisability 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.

Under accident disability riders, the life insurance companies makes the promise to pay out sum assured in case the life assured loses his life in an untoward accident.

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.

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

Just like an accidental total and permanent disability rider, the critical illness rider provides for a lump sum payment on diagnosis of a pre-listed critical illness.

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 and permanent disability to the life assured, Star Union Dai - ichi will pay rider sum assured in 10 equal half - yearly installments.

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

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

Accidental Disability Benefit — In case if a policy holder meets an accident and becomes disabled due to accident, this rider will help the person to get the sum assured amount, in instalments though.

However, when you purchase an accidental death rider, you are ensuring that the nominee is paid an additional sum apart from the sum assured in the event of death or permanent disability due to an accident.

In case of permanent disability, sum assured of disability rider is paid in installments and future premiums are waived off