Critical Illness Rider | Health Insurance Policy Add On - PNB MetLife Insurance

Critical Illness Rider

MetMore Riders

At PNBMetLife, we want our customers to get the maximum out of their lives. Be it in terms of making their dreams come true or getting the best out of their insurance plan. With this in mind, we created MetMore which allows you to customize your life insurance plan. So that it can be tailored to meet the unique needs of you and your family members. MetMore offers you a choice of riders which are optional contracts that allow you to enjoy additional benefits. They are always attached to the basic policy at the time of purchasing it, and cannot be bought separately or independently. Each rider comes with its own premium rates and separate policy conditions. The premium, nature and characteristics of the rider are based on the base policy to which the rider is attached.
So go on, get more out of life.

Critical Illness Rider

Plan Overview

No one likes to think about the possibility of suffering a critical illness like cancer, heart attack and stroke etc. It is something that many of us assume will not happen to us. In the daily grind of activities, one ends up never being prepared for such an eventuality.
PNBMetlife offers a ‘Critical Illness Rider’ which provides payment of an additional amount on the diagnosis of as many as 10 critical conditions. You can have the money to pay for the illness when you need it rather than after the treatment is over, Thus helping you protect yourself against any health or lifestyle risk.

  • Insured critical illness conditions.
  • Heart attack.
  • Stroke.
  • Cancer.
  • Surgery to coronary arteries.
  • Kidney failure.
  • Major organ transplant.
  • Aorta surgery.
  • Blindness.
  • Heart valve replacement.
  • Paraplegia.


Plan at a Glance

Minimum Entry                                 18 years
Maximum Entry                                55 years
Maximum age at maturity                 60 years
Minimum Sum Assured                     Rs. 50,000
Maximum Sum Assured                    Rs. 10, 00,000 or base Sum Assured whichever is lower.

Waiting Period

No amount will be payable under this benefit in respect of critical illness diagnosed within a period of 90 days from the date of issue or reinstatement of the policy.

Survival Period

The benefit amount under this rider is payable only if the insured survives for the period of at least 30 days from the date of diagnosis of the insured critical illness.

Termination of the Rider

The riders will terminate on the earliest of any one of the four mentioned below:

  • On diagnosis of the critical illness within 90 days from the issue date or reinstatement of the policy.
  • Lapse, surrender, conversion of the base policy into paid up insurance.
  • The policy anniversary on which the life assured is aged 60 years (as on last birthday) or the maturity date of the base policy which ever is earlier.
  • The date of first occurrence of the event on which benefit becomes payable.