• 21 DEC 2016

    Top 3 life insurance riders

    A rider is an add-on that you purchase to enhance your cover. A rider is generally bought at the time of buying the policy. If not, it can also be added to your policy later on during the policy anniversary date. The premium for each rider is paid individually, but added to the total policy premium. The top 3 riders are:

    1. Accidental Total & Permanent Disability (ATPD)

    This rider provides you with a lump sum to cater to your immediate expenses in case your income earning capacity is hindered due to an accidental disability (total & permanent). This means that it gives you a fixed sum of money in case you meet with a disability and are unable to carry on your regular activities like going to work or earning income for the family etc. Even if you own a health insurance plan, this rider can help you with the post-hospitalization expenses like rehabilitation from the accident. A must-have rider so that you are not left stranded without money when you meet with an accident that takes away your freedom.

    1. Accidental Death Benefit (ADB)

    This rider provides for additional financial security in case any death occurs due to accident. Also, the benefit is payable in lumpsum. So, apart from the Sum Assured, your family gets an additional lumpsum if you meet with an untimely demise due to an accident. With this rider, you can give your family added protection and financial support.

    1. Waiver of Premium (WOP)

    This rider provides you protection in case of critical illness or accidental total and permanent disability. In the case you meet with an accident that robs you of the capability to work and earn income, you may not be able to pay the premiums regularly. If you have this rider, you can opt to continue with the policy without having to pay premiums. Your future premiums are waived off and  the policy remains in force till the end of the policy term. A very important rider to ensure that you continue to give your family financial protection even though you may not be able to pay the premiums.

     

    • Leave a Reply
  • 5 NOV. 2018

    What if Things Don’t Go As Planned?

    Any human being doesn’t want to even imagine about his / her death. All of us wants to believe that we are immortals. In Mahabharata, there was a dialogue between Yudhishtira and Yaksha where Yudhishtira answered the questions asked by Yaksha. One of the questions asked by Yaksha was ‘What is the greatest wonder?’. Yudhishtira replied ‘Day after day countless people die. Yet the living wish to live forever. O Lord, what can be a greater wonder?’

    read more
Understand your insurance needs in few minutes

just give us a miss call 022 6611 6028

call

request a call back

for a scheduled call back, please share:

contact us

branch locator

Please enter your mobile number

enter your contact details

is there an issue? let us help you!

nothing to worry.

just fill in these details. we’ll help you out.

check status

mascot
mascot

Don’t wait. Complete your application by entering your transaction id.

mascot

Please enter your email address to get an email summary of your needs

mascot

By entering my contact details I authorize Edelweiss Tokio Life Insurance to Call or SMS me with reference to this enquiry. This overrides the DND registration of TRAI.
Product