Importance of accidental death cover and extra life cover
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Table of Contents
What is an Accidental Death Cover and Why is it Important?
Enhancing Coverage with Accident Death Benefit Rider
Is Accidental Death Covered in Life Insurance?
The Importance of Comprehensive Coverage
Customizing Your Insurance Coverage
Conclusion
FAQs on Accidental Death Cover and Extra Cover
for Salaried Individuals¹
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Disclaimer
Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details.
ABSLI Salaried Term Plan (UIN:109N141V01) is a non-linked non-participating individual pure risk premium life insurance plan; upon Policyholder’s selection of Plan Option 2 (Life Cover with ROP) this product shall be a non-linked non-participating individual savings life insurance plan.
1LI Age 21, Male, Non Smoker, Option 1: Life Cover, PPT: Regular Pay, SA: ₹ 1 Cr., PT: 10 years, Premium paying term: 10 years, Annual Premium: ₹ 5900/- ( which is ₹ 491.66/month) Premium exclusive of GST. On death, 1 Cr SA is paid and the policy terminates.
ADV/10/23-24/2415
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