Accidental Death Benefit
Life is unpredictable, and accidents can happen when least expected. In such uncertain times, ensuring the financial well-being of your loved ones becomes paramount. Our Accidental Death Benefit Plan is designed to offer an additional layer of protection alongside your existing insurance coverage. This plan provides financial support to your family in the unfortunate event of your accidental death, helping them maintain their stability during challenging times.
Key Advantage - Accidental Death Benefit
Additional Coverage
This rider offers an extra coverage amount in case of death due to an accident, enhancing the financial protection provided by your base policy.
Cost-Effective
It's a cost-effective way to increase your life insurance coverage against accidental fatalities.
Worldwide Coverage
The rider provides coverage globally, ensuring you're protected anywhere in the world.
How Accidental Death Benefit Works?
- Rider Attachment: Include the Accidental Death Benefit Rider when purchasing or updating your Momentum Finserv life insurance policy.
- Enhanced Coverage: In the unfortunate event of your accidental death, the rider's additional coverage amount is paid out to your beneficiaries.
- No Additional Premiums: You can enjoy this additional coverage without the need for separate premiums; it's bundled with your base policy.
Eligibility Criteria - Accidental Death Benefit
- Age: The eligibility criteria for the Accidental Death Benefit Rider may vary based on the policy it's attached to, so refer to your policy documents for specific details.
- Base Policy: You must have an existing life insurance policy with Momentum Finserv to add this rider.
- Coverage Period: The rider's coverage typically extends to the policy's term.
Benefits - Accidental Death Benefit
Accidental Death Benefit provides an additional payout in addition to your base policy, offering increased financial security for your loved ones in unexpected circumstances:
- Lump Sum Payout: Your nominees will receive a lump sum payout in the event of your accidental death, providing them with immediate financial support. This lump sum can cover funeral expenses, outstanding debts, or simply serve as a safety net for your family's future financial needs.
- Affordable Premiums: We understand that financial planning is a crucial aspect of life, and affordability is a significant concern for many. Our Accidental Death Benefit Plan comes with a range of premium options, making it accessible to individuals from all walks of life. You can choose a premium that fits your budget without compromising on your family's security.
- Added Security: With our Accidental Death Benefit Plan, you're adding an extra layer of security to your existing insurance coverage. This comprehensive approach ensures that your family is well-protected in case of an unforeseen accident. It's a smart and responsible choice for safeguarding your loved ones.
