The Rider can be taken along with the basic plan, which can be chosen by the life assured, for a nominal premium at the time of taking the policy.
Shriram Accidental Death & Disability Rider
SHRIRAM ACCIDENTAL DEATH & DISABILITY RIDER
In this policy, the investment risk in the investment portfolio is borne by the policyholder.
The Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of fifth year.
BENEFITS UNDER THE RIDER*
Shriram Accidental Death & Disability Rider is a linked rider. In the event of the death of the life assured due to an accident or in the event of the life assured becoming totally and permanently disabled due to an accident within the policy term, rider sum assured will become payable.