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With every passing day, life's unpredictability increases and so do our worries. In these uncertain times, accidents may happen that can prove fatal by causing disability or result into untimely death. Tata AIA Accidental Death and Dismemberment (Long Scale) (ADDL) Linked Rider provides a convenient solution that helps to fill the financial gap for your family in case of an unfortunate death or dismemberment.
The Tata AIA Accidental Death and Dismemberment (Long Scale) (ADDL) Linked Rider offers several benefits to secure the financial future of your loved ones.
Provides comprehensive coverage for accidental injuries, including death and dismemberment.
This rider provides a lump sum payout in case of an accidental death, to the nominee offering financial stability.
It offers payouts for various levels of dismemberment, whether partial or total offering the required financial support for medical treatments and lifestyle adjustments.
The premiums paid for the rider are eligible for tax# deductions as per applicable income tax laws.
The Tata AIA Accidental Death and Dismemberment (Long Scale) (ADDL) Linked Rider offers coverage for the following accidental death and dismemberments:
A number of other dismemberments are covered under this rider, and a certain percentage of the rider^ benefit is paid out on the occurrence of the dismemberment as per the plan eligibility criteria. Please refer the rider brochure for more details to know the amount of benefit (Percentage of Rider Sum Assured) covered under the plan. Rider can be attached with multiple products such as TATA AIA Life Insurance Wealth Pro and TATA AIA Life Insurance Fortune Pro.
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Minimum Age at Entry |
As per the base plan or 18 years whichever is higher |
Maximum Age at Entry |
As per the base plan or 60 years whichever is lower |
Maximum Age at Maturity |
Maximum Maturity age of the base plan or 70 years whichever is lower |
Minimum Sum Assured |
₹50,000 or Minimum Sum Assured of the base plan whichever is lower |
Maximum Sum Assured |
Sum Assured chosen for the basic policy (subject to underwriting) |
Premium Mode |
Charges will be deducted monthly by cancellation of units of the base policies fund value. |
Minimum Rider Coverage Term |
5 yrs |
Maximum Rider Coverage Term |
Basic Policy Term or 70 minus Age at entry, whichever is earlier. |
Rider Charge Deduction Term |
Same as maximum rider coverage term. The rider charge for healthy standard life is 1.40 per thousand of the rider Sum Assured |
Disclaimers
The compete name of Tata AIA Accidental Death and Dismemberment (Long Scale) ADDL Linked Rider is Tata AIA Life Insurance Accidental Death and Dismemberment (Long Scale) ADDL Linked Rider - Linked, Individual, Health Insurance Rider (UIN: 110A027V03)
^Riders are not mandatory and are available for a nominal extra cost. For more details on the benefits covered, rider charges and exclusions under the Riders please refer to the Rider Brochure or contact our Insurance Advisor/Intermediary or visit our nearest Branch Office.
#Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you.
This Rider is underwritten by Tata AIA Life Insurance Company Ltd. This Rider is not a guaranteed issuance Rider and it will be subject to Company’s underwriting and acceptance.
Rider is available with following products:
Name of the Product |
Tata AIA Life Insurance Wealth Maxima - Non-Participating, Unit Linked Individual Life Insurance Savings Plan (UIN: 110L114V05 or subsequent versions) |
Tata AIA Life Insurance Wealth Pro - Non-Participating, Unit Linked Individual Life Insurance Savings Plan (UIN:110L111V05 or subsequent versions) |
Tata AIA Life Insurance Fortune Maxima - Non-Participating, Unit Linked Individual Life Insurance Savings Plan (UIN: 110L113V09 or subsequent versions) |
Tata AIA Life Insurance Fortune Pro - Non-Participating, Unit Linked Individual Life Insurance Savings Plan (UIN:110L112V07 or subsequent versions) |
Tata AIA Life Insurance i Systematic Insurance Plan- Non-Participating, Unit Linked Individual Life Insurance Savings Plan (UIN:110L164V04 or subsequent versions) |
Tata AIA Life Insurance Smart Sampoorna Raksha Pro - Non- Participating, Unit Linked, Individual Life Insurance Savings Plan (UIN:110L172V02 or subsequent versions) |
Tata AIA Life Insurance Smart Health - Non-Participating, Unit Linked Individual Health Insurance Plan (UIN:110L168V03 or subsequent versions) |
Tata AIA Life Insurance Smart SIP - Non-Participating, Unit Linked Unit Linked Individual Life Insurance Savings Plan (UIN:110L174V01 or subsequent versions) |
Tata AIA Life Insurance Smart Fortune Plus- Non-Participating, Unit Linked, Individual Life Insurance Savings Plan (UIN:110L177V01 or subsequent versions) |
Participation by customers shall be on voluntary basis. For more details on risk factors, terms and conditions please read Sales Brochure carefully before concluding a sale.
All Premiums are subject to applicable taxes, cesses & levies which will entirely be borne by the Policyholder and will always be paid by the Policyholder along with the payment of Premium. If any imposition (tax or otherwise) is levied by any statutory or administrative body under the Policy, Tata AIA Life Insurance Company Limited reserves the right to claim the same from the Policyholder. Alternatively, Tata AIA Life Insurance Company Limited has the right to deduct the amount from the benefits payable by Us under the Policy.
Insurance cover is available under the Tata AIA products and are underwritten by Tata AIA Life Insurance Company Limited.
For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
L&C/Advt/2024/Oct/3207