Tata AIA Life Insurance
Waiver of Premium (Linked) Rider
In case of any total and permanent disability of the policyholder, there could be a significant financial strain on the family. Many new and unexpected expenses come into the picture, and with such steep costs to meet, it may be a struggle to pay life insurance premiums promptly. And inevitably, the inability to pay life insurance premiums as and when they are due would result in policy lapse and cancellation of your coverage.
The Tata AIA Life Insurance Waiver of Premium (Linked) Rider is an optional premium paying rider, which ensures that insurance benefits under the plan continue to remain in place even if you are unable to pay the premiums owing to total and permanent disability.