SUD Life Accidental Death and Total & Permanent Disability Benefit Rider – Traditional

UIN: 142B005V01

SUD Life Accidental Death and Total & Permanent Disability Benefit Rider – Traditional is a non-linked, non-participating individual rider that ensures additional benefits are provided to the life insured or their family in case of an accidental death or disability. SUD Life Accidental Death and Total & Permanent Disability Benefit Rider – Traditional is a very efficient rider that provides economic security to the life insured and their family in case of an unfortunate accident. SUD Life Accidental Death and Total & Permanent Disability Benefit Rider - Traditional is an excellent choice with your base policy as it provides essential financial protection against unforeseen accidents.

  • Cost-effective rider that provides extra coverage to the family in tough times
  • Flexible premium payment options are available for the rider
  • Long-term coverage against accidental eventualities

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What is SUD Life Accidental Death and Total & Permanent Disability Benefit Rider – Traditional Plan?

SUD Life Accidental Death and Total & Permanent Disability Benefit Rider – Traditional is a convenient rider choice for the life insured that provides extra financial security in the case of accidents. This rider provides a lump sum benefit in case of accidental death or total and permanent disability, helping to safeguard the financial future of the insured and their family. It can be added to a base policy for enhanced coverage, ensuring support during challenging times. This rider is particularly beneficial for individuals who are the primary earners in their families, offering peace of mind and a safety net for their loved ones.

    Download Plan Related Documents

    Download plan related documents

    Product Brochure
    Policy Presentation
    Policy Document
    Product CIS
    Premium Rates

    How Does SUD Life Accidental Death and Total & Permanent Disability Benefit Rider – Traditional Plan Work?

    Once you select the SUD Life Accidental Death and Total & Permanent Disability Benefit Rider – Traditional, you must choose the following: Premium Payment term, Rider Sum Assured. The rider provides added protection alongside your base insurance plan.

    1.Accidental Death

    If the life insured passes away due to an accident, the nominee receives 100% of the rider sum assured as a lump sum. The rider coverage ends after this payment

    2.Total and Permanent Disability

    In case of permanent disability caused by an unfortunate accident, 100% of the rider sum assured is paid in 10 equal half-yearly instalments. Each instalment equals 10% of the rider sum assured. The rider terminates after the final instalment

    3.In Case of Death during Disability Payouts

    If the insured dies while receiving disability payouts, the remaining instalments are paid as a lump sum to the nominee, and the rider coverage ceases

    4.Premium

    Premium options under this rider include single, regular, or limited payments. If purchased with a base policy, the rider’s premium payment term (PPT) will be the same as that of the base policy. If the rider is added later, its PPT aligns with the base policy's remaining premium term. In the case of a limited premium payment term, the rider's policy term must be at least three years longer than its premium payment term. The rider term also matches the base policy term if added at inception or adjusts to the remaining term when added later. Premiums are determined by factors like rider term, premium payment duration, and sum assured. This rider ensures comprehensive financial support for the insured and their loved ones during challenging times.

    How Does the SUD Life Accidental Death and Total & Permanent Disability Benefit Rider – Traditional Plan Work?

    Plan Variants

    Platinum

    Platinum Plus

    SUD Life Accidental Death and Total & Permanent Disability Benefit Rider – Traditional Plan Benefits

    Here are the benefits that you get from the plan

    Financial Protection for Accidental Death

    Support during Disability

    Comprehensive Coverage

    Why choose SUD Life Accidental Death and Total & Permanent Disability Benefit Rider – Traditional Plan?

    SUD Life Accidental Death and Total & Permanent Disability Benefit Rider – Traditional Plan is the ideal option for you because of the following points
    • Helps safeguard your family’s future against unexpected events
    • Provides peace of mind with assured payouts for accidents or disabilities
    • Complements your base policy with enhanced protection
    • Easy to add to your existing life insurance plan
    • Affordable premiums for comprehensive accident coverage

    Frequently asked questions (FAQs)

    What is the maximum sum assured for the SUD Life Accidental Death and Total & Permanent Disability Benefit Rider?
    What premium payment modes are for SUD Life Accidental Death and Total & Permanent Disability Benefit Rider?
    What is the grace period for premium payments under the SUD Life Accidental Death and Total & Permanent Disability Benefit Rider?
    What happens if premiums are not paid after two years under the SUD Life Accidental Death and Total & Permanent Disability Benefit Rider?
    Is there any policy loan available under SUD Life Accidental Death and Total & Permanent Disability Benefit Rider?
    What is the surrender benefit under the SUD Life Accidental Death and Total & Permanent Disability Benefit Rider?
    How can the SUD Life Accidental Death and Total & Permanent Disability Benefit Rider be revived?

    The maximum sum assured under this rider is ₹50 lakh per life. However, it cannot exceed the total sum assured of the base individual life insurance policy to which the rider is attached. Additionally, the total premium for all riders should not exceed 30% of the base policy premium, and the total sum assured across all STAR UNION DAI-ICHI products should not exceed ₹50 lakh. The sum assured must be in multiples of ₹1,000

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    This is a simple term insurance plan that provides life cover for your family.

    • Life cover ranges from ₹5 lakhs to ₹25 lakhs
    • You can join between ages 18 to 65
    • Covers you up to age 70
    • Choose to pay premiums once, regularly, or for 5 or 10 years
    • Policy terms from 5 to 40 years
    • 45-day waiting period at the start (only accidental death covered during this time)
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