What are accidental and disability riders in LIC?

lazysnake

An accidental rider is an add-on benefit to a life insurance policy that provides additional coverage in the event of an accidental death. A disability rider provides income if the policyholder becomes disabled and is unable to work.

jayanth_gupta

An accidental and disability rider is an add-on to a life insurance policy that provides additional coverage in the event of an accident or disability. This rider can provide benefits in the form of a lump-sum payment, monthly payments, or a death benefit.

saddog715

An accidental and disability rider is an insurance rider that provides additional coverage in the event of an accident or disability. The rider may provide benefits for expenses related to the accident or disability, such as medical bills or lost wages. The rider may also provide a death benefit in the event that the accident or disability results in death.

Arundhati565

An accidental and disability rider is an insurance policy that pays out a benefit if the policyholder dies or becomes disabled as the result of an accident. The benefit can be used to help cover expenses associated with the accident, such as medical bills or funeral costs. Riders can also provide a financial safety net in the event that the policyholder is unable to work due to their injuries.

Anusree628

An accidental and disability rider is an add-on to a life insurance policy that provides coverage in the event of accidental death or dismemberment, as well as income replacement in the event that the policyholder becomes disabled and is unable to work.

There are many different riders that can be added to a life insurance policy, but the accidental death and disability rider is one of the most common. This rider can give policyholders and their families peace of mind in knowing that they will be taken care of financially if something tragic were to happen.

To learn more about this rider and how it can benefit you, speak with a life insurance agent.

yellowkoala162

An accidental and disability rider is an insurance rider that provides additional coverage in the event of an accident or disability.

There are many different types of riders available, and the coverage they provide can vary greatly. Some riders may only cover a certain type of accident, while others may provide more comprehensive coverage. Some riders may only provide benefits for a certain period of time, while others may provide lifelong coverage.

Riders can be purchased as standalone policies or as an add-on to an existing life insurance policy.

While riders can provide valuable coverage, it is important to carefully consider the coverage they provide and whether you need it before purchasing a policy. riders can be expensive, and they may not provide coverage that you actually need.

You can find more information about accidental and disability riders here:

https://www.investopedia.com/terms/a/accidental-disability-rider.asp