Face Of Insurance

accidental death benefit ADB rider

accidental death benefit ADB rider

THIS CONTRACT IS PRIVILEGES OF THE  POLICY UNDER THE HEADING PAID UP POLICIES, SURRENDER VALUE AND LOANS ARE NOT APPLICABLE TO THIS SUPPLEMENTARY CONTRACT.

THIS CONTRACT IS ISSUED IN CONSIDERATION OF THE PREMIUM APPLICABLE TO THIS CONTRACT AS STATED IN THE POLICY.

accidental death benefit ADB rider

DEFINITION.

PRINCIPLE SUM.

MEANS AN AMOUNT  EQUAL TO THE SUM ASSURED UNDER THE POLICY.

SPECIFIED INJURY;

MEANS A BODILY INJURY SUSTAINED BY THE LIFE INSURED, PROVIDED

A-IT IS CAUSE BY EXTERNAL, VIOLENT AND ACCIDENTAL MEANS. DIRECTLY AND INDEPENDENTLY OF ALL OTHER CAUSES; AND

B-IT HAS EVIDENCE OF A VISIBLE CONTUSION OR WOUND ON THE EXTERIOR OF THE BODY. EXCEPT IN THE CAUSE OF DROWNING OR OF INTERNAL INJURY REVEALED BY AN AUTOPSY. ACCIDENTAL DEATH BENEFIT ADB

THIS CONTRACT WITNESS.

THE STATE LIFE WILL PAY THE PRINCIPLE SUM TO THE PERSON MENTIONED IN THE SCHEDULE OF THE POLICY AFTER SATISFIED THAT;

A-THE LIFE INSURED HAS DIED SOLELY AS A RESULT OF A SPECIFIED INJURY WITHIN 90 DAYS AFTER SUSTAINING THAT INJURY.

B-THE CONTRACT WAS IN FORCE AT THE TIME OF THE SPECIFIED INJURY CAUSING DEATH OF THE LIFE INSURED;

C-THE PERSON CLAIM PAYMENT HAS RIGHT TO RECEIVE IT;

D-ALL OTHER CONDITION OF THIS CONTRACT RELATING TO THE PAYMENT OF CLAIM HAVE BEEN FULFILLED.

  1. FOR THIS PURPOSE STATE LIFE MAY ASK FOR SUBMISSION AT THE EXPENSE OF THE CLAIMANT ANY REQUIREMENT DEEMED NECESSARY BY IT
  2. ACCIDENTAL DEATH BENEFIT RIDER

GENERAL CONDITIONS:

Notice Of Claim: Written notice of specified injury on which claim may be based must be given to State Life within twenty days after the date of such injury. Failure to give immediate notice shall invalidate the claim unless it is proved to the satisfaction of state life that it was not reasonably possible to give immediate notice and that notice was given as soon as was reasonably possible.

Proof of Death:  proof satisfactory to State Life must be finished within ninety days after the date of death.

Medical Examination: State Life shall have the right and opportunity to examine the body of the life insured and make an autopsy.

Termination: The insurance under this contract shall terminate:

(a)on any policy anniversary at prior notice of thirty days, given either by the policyholder or by State life, to the other party; or

(b) if the policy lapses or is forfeited, surrendered, converted into a Paid-up Policy, or terminated in any other manner, or

(c) if the age of the life insured the nearest birthday on an anniversary of the policy is sixty years.

Whenever insurance under this Contract is terminated, the additional premium for it shall no longer be payable. The subsequent payment or acceptance of any premium for this Contract shall not create any liability on State Life except for refund of any such premium.

Revival: If insurance under this Contract has terminated it may be revived by State Life at its discretion, on receipt of such requirements and subject to such terms and conditions as State Life may dream fit.

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