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    Life Insurance Riders


    Life insurance riders* are valuable add-ons that, when combined with a well-planned life insurance policy, can provide crucial financial support and long-term security. By choosing the right policy along with a suitable rider, you ensure your loved ones remain financially protected, fulfilling your goal of securing your family’s future through careful planning and saving.

    What are Riders in a Life Insurance Policy?


    Riders* are optional add-ons that you can include in your life insurance policy to increase its overall coverage. These benefits may not be a part of the basic plan during policy purchase, but you can choose and add them based on your specific needs.

    In simple terms, riders are like custom-made upgrades that tailor your life insurance to suit your specific needs. To enhance your coverage, you can add a rider to your life insurance policy, you will need to pay a small additional premium. Before adding a life insurance rider to your life insurance plan, you must first identify your needs and the risks you want to protect yourself and your family from.


    Our Best Selling Life Insurance Riders

     

    Types of Rider Benefits in Life Insurance

    When you buy a life insurance policy, you choose the sum assured based on various factors such as your family’s current and future needs, your financial responsibilities, emergency planning, and how much premium you can afford. However, unexpected events, like a critical illness or an accidental disability, can affect your ability to pay your premiums or support your family financially. That’s why it's important to add an extra layer of protection to your life insurance plan through riders.
     

    Below are the different types of rider benefits in insurance that may help you protect your family from financial uncertainties at the cost of a nominal premium:
     

    • Flexible premium payment options - Highlights of Tata AIA Life Insurance Sampoorna Raksha Supreme

      Term Booster

      A booster is an optional add-on that increases the life cover of your insurance policy. In the event of the policyholder’s death during the policy term, this rider provides an additional lump sum payout over and above the base sum assured of the main policy.

    • Accidental Death Benefit 

      The accidental death benefit rider offers extra financial coverage against the accidental death of the policyholder. Under this rider, the sum assured is paid out to the policyholder’s family as a lump sum if an accident or mishap leads to the policyholder’s death within the rider’s tenure. The benefit paid out is over and above the payout of the base plan.

    • Accidental Disability Benefit  

      The accidental disability benefit * provides a payout if the policyholder suffers a permanent partial or total disability due to an accident. A percentage of the rider's sum assured is paid to help cover treatment costs and/or daily living expenses. The amount payable will be determined as per the insurer’s guidelines on the extent of injury or disability and the required compensation.

    • Flexibility to Choose Plan Option - Highlights of Tata AIA Life Insurance Sampoorna Raksha Supreme

      Critical Illness 

      A life insurance critical illness rider covers a set of critical illnesses or conditions. It provides financial protection if the policyholder is diagnosed with a critical illness during the policy term. On the diagnosis of critical illness, the policyholder and their family receive a lump sum payout for the treatment of the disease/condition.

    • Waiver of Premium

      This benefit, once added to the policy, can waive off future premium payments in case of the policyholder’s death, critical illness, or accidental total and permanent disability. The applicable benefits depend on the risks covered under the rider. This rider keeps the base life insurance plan’s coverage active despite the non-payment of premiums so that the policyholder’s family can be secured with a life cover.

    • Hospital Cash

      During hospitalization, this rider provides a daily cash benefit for the policyholder. The amount is decided during the policy purchase and paid for each day the policyholder is hospitalized.

    Why Are Life Insurance Riders Important?

    It is always recommended to add one or more essential riders to your life insurance policy, even though they come at an extra premium. These are some of the points that highlight the importance of riders in insurance:

    • Additional Protection

      At times, the sum assured under your base life insurance policy may fall short in the face of an unexpected emergency.   By adding one or more suitable riders to your policy, you can ensure financial protection for you and your loved ones during difficult times, helping to manage potential income loss and unexpected expenses.

    • Comprehensive Coverage

      If you opt for a simple and basic term insurance policy, you can avail yourself of a high sum assured at an affordable premium. However, basic term insurance plans offer life cover, with benefits payable solely in the event of the policyholder’s death. It’s important to consider additional risks such as accidental disabilities, emergency hospitalisation or a major illness or injury, which are not covered under a standard term plan. Hence, instead of surrendering your term plan and losing a part of your benefits to fees, you may simply opt for a suitable rider that covers emergencies and events that your basic term plan does not offer.

    Benefits of Riders in Life Insurance


    Riders may offer additional coverage for specific risks, enhance your policy's protection, provide flexible options, and may result in tax savings. Here are some of the key benefits of riders in insurance policy:
     

    • 01

      Additional Cover

      An optional rider may increase your base sum assured, making your policy coverage even more comprehensive by providing additional protection against unforeseen emergencies. Hence, even the treatment of critical illnesses, major illnesses and injuries, hospitalisation, accidental disability, and more can be conveniently handled without your family having to disturb the base policy’s sum assured.
    • 02

      Affordable Premium

      Riders can be added to your base life insurance policy for a small additional premium. And to ensure that you do not end up paying high premiums on your insurance policy, you can carefully plan which riders you would like to add to your base plan. By doing this, you can avail yourself of the desired coverage without having to overspend on the premium payment.
    • 03

      Flexible Choices

      Your insurer will offer flexible choices for riders, with each rider covering a range of emergencies and situations that call for financial assistance. That way, you do not have to opt for all the riders, leading to expensive premiums. Instead, you can simply select one or a few necessary riders to ensure that you and your loved ones can be protected from any emergencies that are likely to strike.
    • 04

      Tax Benefits

      Even though paying the rider premiums can mean an addition to your premium payments, you can benefit from tax1 deductions on the payment of the rider premiums. Health riders like critical illness, hospitalisation riders are eligible for tax deductions under Section 80D, while other riders are eligible for tax deductions under Section 80C of the Income Tax Act. This lets you avail of tax benefits on your riders as per the tax laws and your policy terms and conditions.


    Riders Available with Tata AIA Life Insurance

    These riders* are available with popular Tata AIA products like Tata AIA Sampoorna Raksha Promise - Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN:110N176V06 or later), Tata AIA Maha Raksha Supreme Select - Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN: 110N171V09 or later), Tata AIA Life Insurance Fortune Guarantee Plus (UIN: 110N158V13 or later) - Non-Linked, Non-Participating, Individual Life Insurance Savings Plan, Tata AIA Life Insurance AIA Smart Value Income Plan (UIN: 110N162V03 or later) - Individual, Non-Linked, Participating Life Insurance Savings Plan and more. 

    Apart from the demonstrated products, riders are available with other Tata AIA products as well. For more details, please refer to the Rider Brochure or contact our Insurance Advisor/Intermediary or visit our nearest Branch Office.

    How to Choose the Right Life Insurance Riders?

    Since there are many life insurance riders* to choose from, it is essential to understand which riders will be suitable for you and your life insurance policy. Since emergencies are unpredictable, here are some points to keep in mind when selecting a life insurance rider: 

    • Your Requirement

      Each rider offered by your insurance provider covers specific emergencies. For instance, a waiver of premium rider will waive off all your future premium payments for the policyholder’s family in case the insured suffers accidental death or disability. In contrast, a critical illness rider will cover you and your family in the event of a critical illness.

      Depending on your family history and the type of risks you and your family are exposed to, you can decide which life insurance rider will be suitable for your policy. It is important to understand, identify the purpose of the rider and only then choose the ones that will be suitable for your emergencies.

      The Rider’s Affordability

      Since you will have to pay an extra premium for each of the riders that you add to your policy, it is recommended to choose only those riders who are essential to you. Choosing a rider as per your needs may help you customise your policy more effectively. For instance, if you work in a risky environment, choosing an accidental death and disability rider may help increase your policy coverage while you pay only for the required rider and nothing more. Your life insurance policy stays active as planned with added coverage against any potential risks.

      This also keeps your total premium payment affordable since you are not paying for unnecessary and duplicate benefits. Reasonable premiums ensure that your policy is not at risk of lapsing due to the non-payment of expensive premiums, which, in turn, may expose your family to financial uncertainties.

      Inclusions and Exclusions

      Like your base insurance policy, your rider will also have certain terms and conditions. For instance, in the event of an accidental disability, you will be paid a certain percentage of the rider's sum assured. However, a closer look at the rider inclusions and exclusions will help you understand what percentage of the sum assured you could receive, depending on the severity of your disability.

      Under some of the riders, you will be paid out the lump sum rider benefit to handle the financial implications. However, before purchasing the rider, it is advisable to understand its benefits so that when you are in a situation where the rider may protect you, it may be easier for you to follow the process and claim the benefits.

    Choosing a life insurance rider may not always be simple since no one knows what challenges the future can bring. In some cases, you may buy a critical illness rider, but might never be afflicted by any unforeseen event such as a critical illness. However, the additional layer of protection provided by the rider is meant to safeguard you and your family from unexpected events and is, therefore, necessary for your insurance policy. You may also check if the rider offers a return of premium feature that returns the rider premiums if no rider claim has been made during the rider term.

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    FAQs on Life Insurance Riders

    What types of riders are available in life insurance?

    Life insurance offers various riders to meet individual needs, including:

    • Critical Illness Rider: Provides financial benefits if diagnosed with a critical illness.
    • Disability Rider: Offers benefits in case of disability.
    • Accidental Death Benefit Rider: Pays benefits if the policyholder dies in an accident.
    • Income Benefit on Accidental Death Rider: Provides monthly income to the nominee upon the policyholder's accidental death.
    • Waiver of Premium Rider: Waives future premiums if the policyholder faces an accident or mishap

    What is the difference between life insurance riders and add-on covers?

    Riders and add-on covers are both additional and optional benefits that you can add to your base policy for value addition. However, the terms differ as riders belong to the life insurance category and add-ons belong to the general insurance category. In both cases, you pay an additional premium to benefit from the extra coverage that your base policy cannot offer.

    Do I need to have riders with my life insurance plan?

    You may want to consider adding one or more essential riders* to enhance your policy coverage. Riders provide you financial coverage against critical illness, accidental death, or disability which may not be covered under a standard plan. For a relatively additional cost, riders can help safeguard your family and finances from unexpected events and keep them financially secure during unforeseen events.

    What are the main advantages of adding a rider to your policy?

    These are some of the key benefits of including a rider in your policy:

    • By adding a rider to your life insurance policy, you may increase or enhance your policy coverage.
    • Adding a rider to your policy can also be more cost-effective as compared to purchasing multiple policies for additional coverage.
    • By adding suitable riders to your life insurance plan, you can avail of several benefits under one policy, such as coverage against critical illnesses, accidental disability, etc.

    Which rider is suitable for a term insurance plan?

    The choice of rider for your term insurance plan depends on you and your family’s needs, as only you can decide what’s best. Your decision will mainly depend on two factors:

    • The risk you may need protection from includes coverage against hospitalisation expenses, major and minor illnesses and injuries, critical and terminal illness, disability and so on.
    • Your need may also include receiving a lump sum amount to pay for huge expenses, a specified income payout to replace the loss of income or a waiver of premium to keep the base policy active without the payment of premiums.

    How does the waiver of premium rider work?

    By adding the waiver of premium rider to your life insurance policy, your future premium payments can be waived off in case of your death, critical illness or accidental disability. For the waiver of premium rider to be effective, the proof of your death or disability needs to be provided, after which you or your family can be relieved from the stress of paying the policy premiums even as the policy continues to offer life cover protection to your loved ones.

    Do riders come at an additional cost?

    Yes, riders carry an additional premium which will have to be paid along with the base policy premiums after the rider is attached to your policy. This makes it easier to handle the premiums since you only have to manage a single payment for extra coverage instead of two.

    How to ensure that the riders do not make my life insurance premiums expensive?

    When you add riders to your life insurance policy, you will need to pay an extra premium for each rider you add. Hence, at the time of purchasing your policy, carefully plan which riders you would like to add to your life insurance plan as per your needs and your budget.

    Is it better to opt for riders or a separate policy?

    Having an additional policy means extra premium payments for each policy, which can be quite expensive. Also, over a period of time, managing multiple policies can become quite complicated, with multiple premium payments and different benefits to keep track of.

    However, adding a rider to your existing life insurance plan may secure you against a range of specified risks covered under the rider. Each optional rider comes at an additional but affordable premium, which enhances your policy coverage without the need for a new policy.

    How do I file a claim for my critical illness rider?

    If your life insurance policy includes a Critical Illness Rider and you are diagnosed with a covered critical illness, you should immediately intimate your life insurance provider. This can typically be done through the customer service touchpoints such as insurer’s website, mobile app, customer service helpline, or by visiting the nearest branch.

    To initiate the claim, submit a filled claim form along with the mandatory required documents such as the diagnosis report, medical test results, ID proof, and policy document. The insurer will review the documents and may ask for additional information or a medical evaluation if required. Once approved, the benefit amount will be paid as per your plan option chosen, helping you manage treatment costs, recovery, and any loss of income.

    Can I get tax benefits on my life insurance rider?

    Yes, if you add a health rider or a critical illness benefit rider to your life insurance policy, then you can benefit from tax1 deductions on the rider premiums paid towards the policy under Section 80D of the Income Tax Act.

    Disclaimer

    • Tata AIA Vitality Health Plus (UIN: 110A047V03) - A Non-Linked, Non- Participating Individual Health rider

    • Tata AIA Life Insurance Linked Comprehensive Protection Rider - A Non-Linked, Non- Participating Individual Health rider (UIN: 110A032V04)

    • Tata AIA Vitality Protect Plus - A Non-Linked, Non- Participating Individual Health Rider (UIN 110A048V04)

    • Tata AIA Vitality Health - A Non-Linked, Non- Participating Individual Health rider (UIN: 110B045V03) 

    • The complete name of Tata AIA Non-Linked Comprehensive Protection Rider is Tata AIA Life Insurance Non-Linked Comprehensive Protection Rider (UIN:110B033V04) - A Non-Linked, Non- Participating Individual Health Rider

    • The complete name of Tata AIA Vitality Protect is Tata AIA Life Insurance Vitality Protect - A Non-Linked, Non- Participating Individual Health rider (UIN:110B046V04).

    • Tata AIA Health Secure - A Non -participating, Unit Linked, Individual Health Rider (UIN: 110A050V01)

    • Tata AIA Benefit Protection Rider - A Non-Linked, Non-Participating Individual Pure Risk Health Rider (UIN: 110B049V03) 

    • Tata AIA Life Insurance Waiver of Premium Plus (Linked) Rider - Linked, Individual, Health Insurance Rider (UIN:110A025V03)

    • Tata AIA Life Insurance Waiver of Premium (Linked) Rider - Linked, Individual, Health Insurance Rider (UIN: 110A026V03)

    • 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 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.

    • These riders are available with popular Tata AIA products like Tata AIA Sampoorna Raksha Promise - Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN:110N176V06 or later), Tata AIA Maha Raksha Supreme Select - Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN: 110N171V09 or later), Tata AIA Life Insurance Fortune Guarantee Plus (UIN: 110N158V13 or later) - Non-Linked, Non-Participating, Individual Life Insurance Savings Plan, Tata AIA Life Insurance AIA Smart Value Income Plan (UIN: 110N162V03 or later) - Individual, Non-Linked, Participating Life Insurance Savings Plan and more.

    • 1Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfilment 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 implications mentioned anywhere on this site. Please consult your own tax consultant to know the tax benefits available to you.

    • 2Return of Balance Premium is the ‘Total Premiums Paid’ (excluding loading for modal premiums) towards the respective Benefit Option, less any claim amount already paid out under the respective Benefit Option. In case the waiver of future premium benefit pay-out has triggered for any of the above conditions, the premiums waived during this period shall be added to the premiums paid by the policyholder for the calculation of the Return of Balance Premium for that condition.

    • 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 the Company’s underwriting and acceptance.

    • Insurance cover is available under this product. For more details on risk factors, terms and conditions please read the Sales Brochure carefully before concluding a sale.

    • Participation by customers shall be on a voluntary basis. For more details on risk factors, terms and conditions please read the 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/2025/May/2100

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