Term Rider Plans
When it comes to protecting your loved ones, you can never be too cautious. At Momentum Finserv, we understand that your family’s well-being is your top priority. That’s why we’ve crafted the Term Rider Policy – a vital addition to your life insurance plan that offers an extra layer of financial security.
Key Advantage - Term Rider Plans
Enhanced Coverage
The Term Rider adds an additional layer of protection to your base life insurance policy, increasing the overall coverage amount.
Cost-Effective
It's a cost-effective way to boost your life coverage without purchasing a separate policy.
Flexibility
You have the flexibility to choose the coverage term and sum assured for the rider, tailoring it to your needs.
How Term Rider Plans work?
- Add to Your Policy: Include the Term Rider when purchasing or updating your Momentum Finserv life insurance policy.
- Choose Coverage Term: Select the term for the rider coverage, which can be different from your base policy term.
- Increased Protection: In case of your unfortunate demise during the rider term, the additional coverage amount is paid out to your beneficiaries.
Eligibility - Term Rider Plans
- Age: Eligibility criteria for the Term 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 the Term Rider.
- Underwriting: Depending on the rider amount, you may need to undergo underwriting and medical assessment.
Benefits - Term Rider Plans
WOP ensures that your policy remains active when you need it most, alleviating financial stress during difficult circumstances:
- Enhanced Coverage: The Term Rider Policy doesn't just provide extra coverage – it enhances your life insurance coverage significantly. This means added peace of mind for you and your family.
- Peace of Mind: With this rider, you can rest easy, knowing that your loved ones will have the financial resources they need to maintain their quality of life, even if the unexpected occurs.
- Customization: We understand that every individual has unique needs and preferences. That's why our rider can be tailored to your specific requirements, ensuring that you receive the coverage that matters most to you.
