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SUD Life Group Accidental Benefit Rider

SUD Life Group Accidental Benefit Rider provides additional benefits in case of accidental death or accidental dismemberment of the insured member. The rider can be attached with our Group Term Life Insurance Schemes, provided 100% of the members of the base policy are covered under the rider policy at inception.

100% of Rider Sum Assured on death of the insured member due to Accident*

A percentage of the Rider Sum Assured is paid to the Insured Member in case of identified events

* Maximum 50 lakhs will become payable to the nominee provided the member is covered as on the date of death. The Cover for the member ceases immediately thereafter.

Policy Term- 1 year (renewable)*

Basic Sum Assured

Minimum: Rs. 1000 per member
Maximum: Rs. 50, 00,000 per member

Premium payment mode

Annual/ Half-Yearly/ Quarterly and Monthly (As per base plan)

*To avail this rider, you have to be a member of any of our one year renewable group term plans.

Minimum Age at entry: 18 years

Maximum Entry Age: 65 years

Maximum Renewal Age: 65 years

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