Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Track & Policy DownloadLogin

Accidental Disability Benefit Rider

Accidental Total and Permanent Disability rider provides financial aid to the life assured in case he/she surfers total and permanent disability caused during an accident. Accidental Total and Permanent Disability rider can be purchased with the base policy to increase the power of it’s coverage.

dot
Get Term Plan Coverage of 1 Crore Starting From Just ₹16/Day*
Get Term Plan Coverage of 1 Crore Starting From Just ₹16/Day*
  • Tax Benefit
    Tax Benefit
    Up to 1,50,000**
  • Claim Support
    Claim Support
    Everyday 10AM-7PM
  • 45 Lacs+
    45 Lacs+
    Happy Customers

*Standard Terms and Conditions Apply.

**Tax benefits are subject to changes in Income Tax Act.

Best Term Insurance Plans

1 Crore
2 Crore
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.7%
Starting From 688/Month
Claim Settlement
Key Features:
  • Right Green Tick Revised Zero Cost Benefit
  • Right Green Tick Terminal Illness
  • Right Green Tick Cover Continuance Benefit
  • Right Green Tick Insta-Payment on Claim Intimation
  • Right Green Tick Nominee's Choice payout
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.2%
Starting From 730/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Waiver of Premium on Disability
  • Right Green Tick Terminal Illness
  • Right Green Tick Life Stage Benefit
  • Right Green Tick Special Exit Benefit
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.4%
Starting From 771/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Terminal illness
  • Right Green Tick Special Exit - Option to get your premiums back
  • Right Green Tick Renewability Option
See More Plans

Term Insurance Premium Calculator

Gender

  • Male
  • Female

Date of Birth

calendericon

Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Accidental Total and Permanent Disability Rider

What is Accidental Total and Permanent Disability Rider?

Accidental Total and Permanent Disability rider is a non-linked individual rider. Ideal for providing additional coverage equal to rider sum assured on total & permanent disability, owing to an accident, this rider can be purchased over the base policy. It must be noted that the total and permanent disability also includes the loss of both arms or both legs, or one arm and one leg, or of both eyes.

Extremely helpful for policyholders with loss of income for their entire life, accidental total and permanent disability rider provide a lump sum amount. The choice to receive the amount in the form of lump sum or monthly installments is up to the policyholder.

The cause of disability must be caused by an unforeseen accident, solely and directly by external, violent, unforeseeable and visible means. Moreover, the term insurance company must be satisfied to provide the benefit amount. The judgement of disability being permanent is made 6 months from the date of the accident.

Human Life Value/Coverage Calculator

My Age

My Annual Income

My Monthly Spend

Eligibility Criteria of Accidental Total and Permanent Disability Rider

Following is the eligibility criteria of Accidental Total and Permanent Disability Rider:

Eligibility Criteria for Accidental Total and Permanent Disability Rider

Parameter

Eligibility

Minimum Entry Age

18 Years

Maximum Entry Age

65 Years

Maximum Maturity Age

75 Years

Sum Assured

Minimum - Same as base policy’s sum assured

Maximum - No Limit (depending on the life insurance policy)

Coverage Time Period

Same as life insurance policy term

Premium Payment Term

Same as life insurance policy term

Premium Payment Mode

Single/Yearly/Half-yearly/Quarterly/Monthly

Documents Required for Accidental Total and Permanent Disability Rider Claim

Documents required for the claim settlement process of accidental total and permanent disability rider include:

  • Filled Claim Form
  • Original Policy Documents
  • Policyholder's Photo ID Proof, Address Proof
  • Policyholder’s Bank Account Details
  • Original or Copy of FIR
  • Original or Copy of Police Inquest Report
  • Original or Copy of Postmortem Report
  • Sub-Divisional Magistrate’s Final Verdict
  • Driver’s License of the life assured

Accidental Total and Permanent Disability Benefit Rider Exclusion

Some of the exclusions under Accidental Total and Permanent Disability Benefit Rider include:

  • Suicide
  • Self-inflicted Injuries
  • Drug overdose or alcohol abuse
  • Disability occuring after 180 days of the accident
  • Participation in civil commotion, riots, war or rebellion activities

Importance of Purchasing Accidental Total and Permanent Disability Rider

Accidental Total and Permanent Disability rider can be a very useful rider, that you can add to your term insurance policy. The best way to enhance coverage and provide yourself with financial protection from the unforeseen accident is Accidental Total and Permanent Disability Rider. Below mentioned are some reasons that make accidental total and permanent disability rider a must have addition to your term insurance policy:

1. Financial Protection: Accidental Total and Permanent Disability rider provides financial protection to the life assured and his/her family in difficult circumstances such as accidental total or permanent disability caused during an accident. The life assured shall receive a rider sum assured, in case he/she suffers total and permanent disability caused in an accident, the rider sum assured can help the life assured to get urgent treatment for his/her disability. In case the life assured is unable to make a living for themselves/their family, this rider can provide financial aid, which can help the life assured and his/her family members to maintain a decent lifestyle.

2. Tax Benefits: Under a term insurance policy the life assured can avail tax exemptions as per the section 80C and 10(10D) of the Income Tax Act, 1961. The life assured can avail upto Rs. 1.5 Lakh for the premiums towards term insurance policy and rider, given that the premium does not exceed 10% of the basic sum assured. Purchasing an accidental total and permanent disability rider will double the tax exemptions under Section 80D of the Income Tax Act, 1961.

3. Multiple Payout Options: Under this rider, the life assured gets the option to choose the payout option which are as a lump sum or regular instalment. The rider benefit shall be provided as lump sum or regular instalments, in case the life assured suffers total and permanent disability which makes them unable to earn a living for themselves.

4. Income Replacement: If the life assured opts for regular instalment payout under this rider, the benefit amount can be as monthly income or regular source of income for the family of the life assured and life assured themselves. The life assured will have a significant amount to fulfill his or her daily expenses and help their family maintain a decent lifestyle. This rider can ensure income for the life assured in case he/she is unable to earn a living due to the disability caused by an unforeseen accident during the policy tenure.

5. Affordable: Accidental total and permanent disability rider provides coverage at an affordable price. The premiums for this rider are quite inexpensive. You can get extensive coverage at an affordable price.

Popularly Opted Term Insurance Sum Assured

Best Insurance Advisors in Your City.

Term Insurance Companies User Reviews

What users are saying
  • Commendable Spirit

    I highly recommend InsuranceDekho for life insurance. They helped my husband find the perfect term plan for ICICIPrudential to protect our family. Vikas from the customer team supported us at every step, and we thank them for their patience. 

    P
    ICICI Prudential
    By Pooja Jain
    On: June 20, 2024
  • Complete Cover

    Last year, when I bought my term plan from Bandhan Life Insurance, I was a bit doubtful. But, having a critical illness rider on my term plan provided me with additional financial security. Recently, I was able to take advantage of its benefits. Thanks to InsuranceDekho for suggesting this option!

    S
    Bandhan
    By Shoba rani
    On: June 20, 2024
  • Easy Claim

    My term plan from PNB Metlife matured recently. I bought this plan from InsuranceDekho after a recommendation from a family friend. The claim process was smooth, and they assisted me at every point. I received the money quickly.

    M
    PNB MetLife
    By Manish Mittal
    On: June 20, 2024
  • Helpful Team

    InsuranceDekho helped me understand the importance of life insurance and increasing my term coverage as my income grows. With their help, I easily upgraded my existing plan for Kotak Term Insurance through their platform. Thank you so much, team.

    N
    Kotak
    By Nandini Pandey
    On: June 20, 2024
  • Supportive Team

    I was hesitant about buying online term plans, but InsuranceDekho's advisors addressed all my questions with ease and patience. Now, I have a term plan of Bajaj Allianz that gives me peace of mind at an affordable price. Kudos to your whole team. 

    T
    Bajaj Allianz
    By Twinkle dey
    On: June 20, 2024

Term Insurance News

Insurance Dekho Contact Details

Reach us for help anytime