LIC Bima Jyoti Plan Life Insurance Riders

There are five additional riders offered under LIC Bima Jyoti Plan. To extend the coverage of your policy, you can select and purchase additional riders from the list below.

• Accidental Death and Disability Rider:

Under this LIC Bima Jyoti policy, the policyholder is liable to receive accidental death and disability benefit amounts accompanying the death benefit in a lump sum.

• Accidental Benefit Rider:

A policyholder is entitled to receive this rider benefit only during the duration of paying the premium. Anyone who buys an accidental benefit rider along with their base insurance policy will receive the sum assured as a lump sum and a death benefit. You can buy this rider anytime during the policy term.

• New Term Assurance Rider:

A policyholder can purchase this rider benefit only at the beginning of the policy. However, the coverage under this benefit can be availed of throughout the policy period. In case the rider is chosen as an amount equal to the term assurance rider is payable on the demise of the policyholder during the policy term.

• New Critical Illness Benefit Rider:

This rider benefit can be purchased only at the beginning of the policy, but an insured can receive the benefits of the rider throughout the policy term. The policyholder is entitled to get the critical illness sum assured for the diagnosis of any specified critical illness that is mentioned in the rider.

• Premium Waiver Rider Benefit:

Through this additional rider benefit, the nominees of the policyholder do not have to pay any future premiums. A policyholder can buy this rider anytime during the policy period. However, policyholders over 70 years of age are not eligible to buy waiver rider benefits.