If you are unable to pay your premium in the event of financial difficulties arising due to the following:
- Proposer becomes completely disabled due to an illness or accident
- Proposer is diagnosed with any of the specified critical illnesses
- Death of the proposer (if not the life insured)
then,
- In case of non-linked base policy, the benefits under the base policy and all riders to which this rider is attached shall remain intact with no future premiums payable by you.
- In case of unit linked base policy, ABSLI shall pay all the future premiums of the base policy and all riders to which this rider is attached.
The benefit under this rider is payable only when the base policy is in force. The cover under this rider will cease aſter a claim under this rider is paid, however, the cover under the base policy /other rider/s will continue.
-
Entry Age
18 – 65 years Maximum age at the end of rider term is 70 years
-
Rider Term
Same as that of the base policy or till the attained age 70 of the proposer, whichever is earlier.
-
Premium Paying Term
Same as Rider Term
-
Pay Mode
Same as base policy
You may opt for this rider only at the time of policy issue.
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Disclaimers
This rider is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This brochure contains only the salient features of the rider. For further details please refer to the policy contract. Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of the solicitation. For more details and clarification call your ABSLI Insurance Advisor or visit our website and see how we can help in making your dreams come true.
Aditya Birla Sun Life Insurance Company Limited (Formerly Birla Sun Life Insurance Company Limited) Registered Office: One World Centre,Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. Call Centre: 1-800-270-7000 www.adityabirlasunlifeinsurance.com CIN: U99999MH2000PLC128110 IRDAI reg no.109 CIN: U99999MH2000PLC128110 ADV/7/20-21/690 VER2/JUL/2020
UIN: 109B017V03
