RATE BOOKstate life

ACCIDENT INDEMNITY BENEFIT RIDER

 

ACCIDENT INDEMNITY BENEFIT RIDER

ACCIDENT INDEMNITY BENEFITS RIDER

This supplementary contract provides for the additional amount equal to the sum assured under the life policy in the event of death by accidental maen, or in the event of loss of two or more limbs or loss of sight in both eyes.

One-half of the sum assured will be paid for loss of one limb; one-third of sum assured in the event of loss of one eye and one-fourth of sum assured will be paid for loss of thumb and index finger.

For other injuries, weekly indemnities calculated at Rs.5per 1,000 of sum assured for Total Disability and at the reduced rate for partial disability will b paid up to 52 weeks.T hereafter, an Annuity of 10% of the sum assured will be payable up to a maximum of ten years.

The rates of premium for this supplementary benefits will range from Rs.4 to Rs.9 per Rs 1,000 of sum assured, depending upon the occupational rating of proposer for standard lives.

For the purposes of this rider, sum assured will be Rs.25,000 for each unit of Big Deal.

1-ACCIDENT INDEMNITY BENEFIT RIDER

This supplementary contract provides for the additional amount equal to the sum assured under the life policy in the event of death by accidental maen, or in the event of loss of two or more limbs or loss of sight in both eyes.

One-half of the sum assured will be paid for loss of one limb; one-third of sum assured in the event of loss of one eye and one-fourth of sum assured will be paid for loss of thumb and index finger.

For other injuries, weekly indemnities calculated at Rs.5per 1,000 of sum assured for Total Disability and at the reduced rate for partial disability will b paid up to 52 weeks.T hereafter,an Annuity of 10% of the sum assured will be payable up to a maximum of ten years.

The rates of premium for this supplementary benefits will range from Rs.4 to Rs.9 per Rs 1,000 of sum assured, depending upon the occupational rating of proposer for standard lives.

For the purposes of this rider, sum assured will be Rs.25,000 for each unit of Big Deal.

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