Wednesday, May 16, 2012

ACCIDENTAL RIDER & PERMANENT TOTAL DISABILITY

Promo on road accidents before watching movie:http://www.youtube.com/watch?feature=player_embedded&v=XgrD7cwlFZk

Like other life insurance riders, the maximum accident cover under riders is 30 per cent of the sum assured. Since most life covers end at around age 80, the coverage from accident riders end with the base policy. Another important point to remember is that once the claim is made, lump sum amount will be paid in case of death or staggered payments made in case of permanent total disability— say 10 per cent of the rider cover annually over 10 years.

ENSURE TO TAKE THESE RIDERS  FOR UR POLICY

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