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In a life filled with uncertainties, it is crucial to safeguard your family's financial future, even when you're not around. ABSLI Accidental Death Benefit Rider Plus offers financial security to your loved ones in case of your untimely accidental death.

ABSLI Accidental Death Benefit Rider Plus offers additional financial security at a nominal cost, to your family in the event of your untimely accidental death.

Eligibility Criteria

Entry Age 18 – 65 years
Maximum age at the end of rider term is 80 years
Rider Term Same as that of the base plan or till the attained age 80 of the lifeinsured, whichever is earlier
• Minimum: 5 years
• Maximum: 62 years
Premium Paying Term Same as base plan
For Limited Pay
• Minimum: 5 years
• Maximum: 61 years

For Regular Pay
• Minimum: 5 years
• Maximum: 62 years
Pay Mode Same as base plan (Single Pay | Limited Pay | Regular Pay)
Rider Sum Assured • Minimum: Rs.100,000
• Maximum: Rs.2,00,00,000 subject to maximum of 100% sum assured of the base plan


ABSLI Accidental Death Benefit Rider Plus covers the following insured events.

Death Benefit

In the unfortunate event of death of the life insured due to an Accident within 180 days of occurrence of the accident, we will pay 100% of the rider sum assured to the nominee only if this rider cover is inforce as on the date of accident including the grace period.

Additionally, ABSLI will refund the premiums collected after the date of Accident till date of death, with interest as declared by us from time to time, along with death benefit payable. Once the rider sum assured is paid, the rider shall terminate and no further rider premiums will be payable.

Maturity Benefit

Not applicable

Premium Discontinuance and Reduced Paid Up

  • For Limited Pay - If the due premium is not received before the end of grace period and if the base plan is eligible for a Reduced Paid Up Benefit, the rider will not lapse but also continue on a Reduced Paid-Up basis. Under Reduced Paid-Up, your rider sum assured shall be reduced in proportion to the premiums paid to total premiums payable during the rider term. If the base plan is not eligible for a RPU benefit, the rider cover shall cease.
  • For Regular Pay - The rider is not eligible for a Reduced Paid-Up benefit and the rider benefits will cease when due premiums are not paid within the grace period. The rider can be revived as per the rules of the base plan.

Surrender Benefit

There is no surrender benefit offered for regular pay option under this rider.

However, for Limited Pay, the rider will be eligible for a surrender value provided that the base plan is eligible for a surrender benefit (if the base plan is also surrendered). If the rider is surrendered without the base policy being surrendered, then surrender value on rider benefit is eligible if at least two full years’ premiums have been paid. The surrender value is the percentage of total rider premiums paid (excluding any underwriting extra and applicable tax) and will vary depending on the outstanding rider term and the rider term. The rider surrender value is payable at the same time as the base plan surrender value.

For Single Pay, this rider will acquire surrender value at any time immediately after the rider issuance

This rider is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This brochure contains only the salient features of the rider. For further details please refer to the policy contract. Tax benefits are subject to changes in the tax laws. For more details and clarification call your ABSLI Insurance Advisor or visit our website and see how we can help in making your dreams come true.

Aditya Birla Sun Life Insurance Company Limited (Formerly Birla Sun Life Insurance Company Limited) Registered Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Call Centre: 1-800-270-7000 Reg. No. 109 | CIN: U99999MH2000PLC128110 ADV/7/20-21/596 VER1/JULY/2020

UIN: 109A024V01