Get Additional Coverage Against Accidental Emergencies with Shriram Life Accident Benefit Rider

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What Coverages Are Allowed In The Shriram Life Accident Benefit Rider?

Accidental Death

If the life insured passes away within 180 days of an accident occurring during the rider tenure, the rider sum assured is paid in a lump sum.

Permanent Total Disability

If the life insured suffers an accidental injury and becomes permanently and totally disabled within 180 days of such an injury, the rider sum assured is paid in a lump sum. The injury and the disability should occur within the rider's tenure.

Moreover, an eligible disability is one wherein any one of the following conditions are fulfilled -

  • The life insured becomes unable to get gainful employment after the accidental injury.
  • The life insured loses 
    • Sight in both eyes or
    • Loss of both hands or 
    • Loss of both legs or 
    • Loss of one hand and one leg.
    • The life insured cannot do three or more of the basic lifestyle activities after the injury, like dressing, washing, mobility, feeding, toileting, etc.

Premium Waiver Option

The premium waiver benefit is available under the disability claim. If the life insured becomes permanently and totally disabled due to an accident within the rider's tenure, the future policy premium payments would be waived.


For more details on risk factors, terms, and conditions please read the sales brochure carefully before concluding a sale.  

*Tax Benefits:  
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.  
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time.

IRDAI Regn No: 128  
CIN No : U66010TG2005PLC045616 of the Company

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