Sentences with phrase «under the rider»

A critical illness is a sudden and severe illness or physical condition covered under the rider.

Also, the waiver of premium benefit under the rider continues in the plan in case of disability.

For this reason, insurance providers put a limit to the maximum sum assured under this rider.

The insurance pays under this rider only if the death happens in an accident.

Also, notice the extent of coverage under rider and standalone plans.

There shall be no payment under this rider if the death were to happen due to say, natural illness.

The assigned nominee can then receive the sum assured as specified under this rider.

The payout and other benefits are subject to the terms mentioned under the rider benefits.

The benefit available under the rider becomes payable on the occurrence of the specified event covered by the rider.

Also, the waiver of premium benefits under the rider continues in the plan in case of disability.

Usually, the older the child gets, the fewer dates the policy owner has to purchase more life insurance under the rider.

The benefit amount under this rider is payable only if the insured survives for the period of at least 30 days from the date of diagnosis of the insured critical illness.

In plain language, that means your jewelry under that rider is covered against direct physical loss or damage from any cause not excluded.

That is, once a claim has been made under these riders, the base policy is terminated as well.

This rider cover provides additional death benefit based on the sum assured as chosen under the rider.

Other features like a secret storage compartment under the rider seat which makes the riding cool as the kid can store its toys and accessories in the compartment.

There are two options available under this rider namely Option A and Option B.

Insurance companies specify the list of illnesses covered and exclusions under this rider.

Talk to your life insurance agent about which illnesses your particular product offers covers under this rider.

In case of an unfortunate death due to an accident, the sum assured under this rider will be paid out.

Please review your contract or contact your agent for specific details to see how benefits will be paid under this rider.

Your investment professional can answer your questions and provide you with illustrations showing the impact of purchasing coverage under the rider.

The payment under this rider can be used to take care of such expenses.

In case the insured is hospitalized for undergoing surgery for a period of at least 24 hours, a lump sum benefit is paid subject to benefit limits and conditions mentioned under the rider.

In plain language, that means your jewelry under that rider is covered against direct physical loss or damage from any cause not excluded.

This means that death caused by certain events like acts of war, illegal activities and hazardous hobbies, among others, do not qualify for the benefits under the rider.

Usually, the older the child gets, the fewer dates the policy owner has to purchase more life insurance under the rider.

Bharti AXA Life Premium Waiver Rider: - Under this rider future premiums will be waived off in case of critical illness (for rider taken by Life Insured) and under Critical Illness / Death or ATPD / Both incase Rider is taken by proposer).

Expenses related to pre & post hospitalization and pre & post-natal care is also covered as applicable under the rider benefits.

I am paying Rs. 1150 annually for a cover of 25 Lakhs under this rider (upto the age of 70).

Also exempt would be certain nonprofit organizations and closely held companies that object to the mandate on moral grounds; however, their employees could still be covered under riders provided by health plans at no charge.

Benefit payments under this rider reduce the policy's death benefit.

Reliance Term Life Insurance Benefit Rider: Provides additional death benefit depending on the sum assured selected under the rider.

The maximum sum assured allowed under the rider is also subject to the condition that the total premium for all the riders attached to the base individual policy, shall not exceed 30 % of the premium for the base plan.

If the basic plan is renewed, rider benefits can be renewed by paying the arrears of premiums under the rider covers with interests at a prevailing interest rate.

Available on a few life insurance policies, this is one of the disability riders for term insurance that will pay the policy owner a monthly income should whoever is insured under the rider be unable to work due to sickness or injury.

We use the terms «income» and «lifetime income» to refer to any allowable withdrawals under the FlexChoice Access rider, as well as any lifetime income payments you would receive under the rider if your account value reduces to zero.

The Model R also has a «Dynamic Battery Switching» feature, which allows riders to use two different capacities of battery, either singly or together, inside the battery bay under the rider's feet, along with space for the charger, and the units have a «Energy Recovery Braking» system to recapture some riding range.

Rider Conversion Feature — Insurance that terminates under the rider may be converted within 31 days to any permanent policy.

The rider can be attached with our Group Term Life Insurance Schemes, provided 100 % of the members of the base policy are covered under the rider policy at inception.

Once any policyholder is declared eligible to receive the benefits under Accidental Total and Permanent Disability, the Coverage under this rider will immediately cease.

Star Union Dai - ichi Life has come out with the Accidental Death and Total & Permanent Disability Benefit Rider - Traditional, which provides additional benefits to the insured in the unfortunate event of his or her meeting with an accident during the contract period under this rider.

A standalone policy is preferable because it offers more flexibility as far as the sum insured and covers are concerned, whereas the sum insured limit under a rider is mostly the same as the base policy.

This policy addition triples the stated death benefit if the insured person dies for one of the causes named under the rider (usually death from an accident).

Form the date of commencement of the base policy which the rider is attached, the critical illness benefit rider rate are guaranteed for the first 5 years and later wards are revised depending on the Corporations experience under the rider.

Waiver of Premium Rider Under this rider, the future premiums are waived off if the insured becomes permanently disabled or loses his or her income as a result of injury or illness prior to a specified age.

Here, a percentage of the sum assured is paid if the insured is diagnosed with diseases or medical conditions pre-specified under this rider.

The federal income tax treatment of payments made under this rider depends upon whether the insured is the recipient of the benefits and is considered terminally ill.