Life Insurance Riders: Term Riders, Critical Illness Riders on Life Insurance

Overview

A life insurance policy covers the risk of losing your life, by providing a financial payout to your nominee.

Riders are additional benefits that can be purchased with an insurance policy. They provide additional covers to your existing insurance cover.

What is important is to choose the right rider from a host of options that you will get: Term rider, Accidental Death Benefit rider or a Critical Illness rider.

Endowment: Riders

Rider, adds the extra bit in life insurance

Ride on additional benefits in life insurance, here's how . Riders are additional benefits that can be purchased with a life insurance policy to spread the risk cover. ......

Term Rider

If the insured were to die, the sum assured under the term rider is payable to the nominee. ......

Accidental Death Benefit Rider

Get an accidental bonus, here's how. If the insured is to die within the term of the life insurance policy, the nominee receives an additional sum equal to the sum assured, plus the sum assured amount ......

ULIP: Riders

Term Rider

If the insured were to die, the sum assured under the term rider is payable to the nominee. ......

Critical illness benefit rider takes care of unforeseen medical expenses

The Critical illness benefit rider will take care of your medical expenses in event of a critical disease. ......

Term Insurance: Riders

Whole Life: Riders

Decision-making Corner

Insurance Planner
Use this calculator to find out how much life insurance you need.

Ulip Vs Mutual Fund Calculator
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Endowment vs. Whole Life Comparator
Use this comparator to compare a whole life insurance policy and an endowment policy.