Accidental Total/Partial Disability Death Benefit
Life is full of unexpected challenges, and one such challenge can be an accident leading to total or partial disability. In such moments, ensuring your financial well-being and that of your family becomes crucial. Our Accidental Total/Partial Disability Benefit Plan is meticulously crafted to offer you the protection and financial assistance you need during these trying times. This plan acts as a sturdy safety net, safeguarding your financial stability while you focus on your recovery.
Key Advantage - Accidental Total/Partial Disability Death Benefit
Comprehensive Protection
This rider offers coverage for both total and partial disability due to an accident, ensuring financial security in various scenarios.
Multiple Benefits
You receive benefits for accidental death, total disability, and partial disability, making it a versatile rider.
Premium Waiver Option
Some policies include a premium waiver feature if total disability occurs, allowing you to maintain coverage without premium payments.
How Total Accidental Plan Works?
- Rider Inclusion: Add the Accidental Total/Partial Disability Death Benefit Rider to your existing life insurance policy.
- Benefit Payout: Depending on the type of disability or accident, the rider provides benefits as per the terms and conditions.
- Financial Support: The benefits can be used to cover medical expenses, rehabilitation, lifestyle adjustments, or any other financial needs arising from disability.
Eligibility Criteria - Total Accidental Plan
- Age: The eligibility criteria for this rider may vary depending 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.
- Underwriting: Depending on the rider amount, you may need to undergo underwriting and medical assessment.
Benefits - Total Accidental Plan
Accidental Total/Partial Disability Death Benefit offers added protection for your loved ones, ensuring that they receive financial support even in challenging circumstances:
- Predefined Benefit: In the unfortunate event of total or partial disability resulting from an accident, you will receive a predefined benefit amount. This provides you with immediate financial support to address the challenges that come with disability.
- Medical Expenses: The benefit can be used to cover a range of expenses, including medical bills, rehabilitation costs, and any necessary modifications to your home or vehicle to accommodate your new circumstances. This ensures that you have the resources needed for your recovery and adaptation.
- Income Replacement: Our plan offers financial support by replacing the lost income during your recovery period. This benefit ensures that you and your family can maintain your standard of living without undue financial strain.
