accidental death benefit rider
entry age 18 to 65 years
maturity age 23 to 70 years
rider term* 5 to 52 years
premium paying term# single, limited pay(5-51 years) & regular pay
maximum premium depends on the rider term, premium paying term and sum assured chosen.
Total rider premiums should not exceed 30% of the base plan premium.
annual rider premium re. 0.50 (excluding service tax)
for sum assured of Rs 1000
minimum premium depends on the rider term, premium paying term
and sum assured chosen
minimum sum assured rs. 10,000
maximum sum assured no limit, subject to reinsurance capacity.
However, Rider Sum assured cannot be higher than sum assured of the base plan.
frequency of payment same as base policy.
Any premium rebate or modal factors will also be same as the base Plan.
*Rider term will be same as the base plan, subject to maximum maturity age of 70. If the entry age plus base plan term is beyond age 70, the rider would be of term 70 less entry age. Rider can be attached on any policy anniversary. In such case the rider term would be equal to the remaining base policy term. #Rider Premium paying term will be same as premium paying term of the base plan. If the entry age plus base plan premium paying term is beyond age 70, the rider would be of premium payin