Get freedom from financial worries in unforeseen accidents
Health Rider | UIN: 117B022V02
Life is always unpredictable. We never know what the future may hold for us, but with PNB MetLife Accidental Disability Benefit Rider you can be prepared for any unforeseen accidents that may take place and guarantee financial protection for your family without any worries.
What you get
Cover for Accidental Disability
The Rider Benefits shall be payable only if the Life Insured meets with an accident that renders them disabled within 180 days from the date of accident and independent of other causes.
Necessary Impairments
To ensure that Benefits are payable under this rider, the Life Assured must have a total and irrecoverable loss of sight of both eyes, amputation or loss of use, of both hands or feet at or above the wrists or ankles respectively
Acceptable Duration of Disability
For benefits to be payable under this rider, the disability must last without interruption, for at least 180 consecutive days and must be deemed permanent by a panel of independent medical practitioners.
Accident during Flying Activity
Participation by the insured person in any flying activity, except as a bona fide, fare paying passenger or pilot and cabin crew of a commercially licensed airline are not covered.
Suicide Exclusions
If the Life Assured’s death is due to suicide within twelve months from the date of commencement of risk or from the Date of Revival of the Policy as applicable, the Nominee or beneficiary of the Policyholder shall be entitled to 80% of the total Premium paid till the date of death under the Policy death or Surrender Value available as on the date of death, whichever is higher, provided the Policy is in Inforce status. We shall not be liable to pay any interest on this amount.
Substance Abuse
We do not cover demise by suicide if it has taken place over 12 months since the commencement of the policy. However, if the life assured has passed away due to suicide within 12 months of date of policy commencement, the nominee is entitled to at least 80% of the Sum Assured.
Dangerous Activities
Engaging in or taking part in professional sport(s) or any hazardous pursuits, including but not limited to, diving or riding or any kind of race; underwater activities involving the use of breathing apparatus or not; martial arts; hunting; mountaineering; parachuting; bungee jumping are not covered.
Every person has different needs and we at PNB MetLife recognize this. To give you the flexibility to customize and enhance your protection, we offer you PNB MetLife Accidental Disability Benefit Rider - an accidental disability insurance rider which you may opt for along with your basic policy. This will help you shape your policy to suit your individual needs for a nominal premium.
This plan ensures:
The chosen Accidental Disability Benefit shall be payable, upon the life insured meeting with an accident that results in him/ her being subject to one (or more) of the following impairments (arising within 180 days from the date of accident and independent of all other causes).
The Benefits under the rider shall be paid even in case when accident happens during the policy term and disability occurs beyond the policy tenure but happens within 180 days from the date of the accident. The impairments are as follows:
Boundary Conditions | Eligibility Criteria | ||||||
Age at Entry(1) | 18 years- 65 years | ||||||
Cover Ceasing Age | 75 years | ||||||
Policy Term(2) | 10 years- 40 years | ||||||
Premium Payment Modes | Single, Yearly, Half-Yearly, Quarterly , Monthly(*) (only on ECS)& Payroll Saving Plan (PSP) | ||||||
Premium Payment Options | Single | 5 Pay | 7 Pay | 10 Pay | 12 Pay | 15 Pay | Regular Pay |
Minimum Rider Sum Assured(3) (Rs.) | 500000 | ||||||
Maximum Rider Sum Assured(3) (Rs.) | 20000000 | ||||||
Min. Annualized Rider Premium(4) (Rs.) | 630 | 125 | 125 | 90 | 90 | 90 | 75 |
Max. Annualized Rider Premium(4) (Rs.) | 49200 | 9400 | 7200 | 5600 | 5000 | 4600 | 3000 |
*ECS Mandatory
1 Age Last Birthday
2 The Rider Policy Term can be equal to or Less than the Base Policy Term
3 Subject to the condition that the Rider Sum Assure is less than the Base Policy Sum Assured
4 Exclusive of Taxes
*Age Last Birthday, ECS mandatory for monthly mode, Min/Max premiums does not include the taxes or extra premiums.
Disclaimer:
AD-F/2020-21/00309
As your trusted life insurance partner, PNB MetLife is with you amidst the current COVID-19 outbreak. Our policies also cover COVID-19 Claims. In case of a Death Claim, kindly submit the signed Claim Intimation Letter mentioning the policy number, brief of the insured event and other claim documents on the email mentioned herewith. Please write-in to us at claimshelpdesk@pnbmetlife.com or indiaservice@pnbmetlife.co.in. You can also call us on 1800-425-6969 for death claims intimations and for any queries on Monday - Saturday between 10:00 am - 7:00 pm.
PNB MetLife Insurance, amongst the trusted Life Insurance companies in India, aims to provide a wide range of Life Insurance products that suits the needs of an individual at every stage of his life. Life Insurance Plans range from Term Life Insurance Plans, Term Plan, Protection Plans, Long Term Savings Plans , Retirement Plans & Child Education Plan.