
Features & Benefits of Accident Benefit Rider
The salient features of Shriram Life Accident Benefit Rider include the following -
Enhanced Coverage
The Shriram Life Accident Benefit Rider provides additional coverage benefits in cases of accidental demise or permanent total disability suffered in an accident. Thus, you get enhanced coverage against accidental contingencies.
Cost-Effective
The Shriram Life Accident Benefit Rider has cost-effective premium payments to enjoy added protection without burning a hole in your pocket.
Easy to Avail
You can add the Shriram Life Accident Benefit Rider to the base plan either at policy inception or at any policy anniversary.
Long-Term Coverage
The rider tenure starts from 5 years and goes up to 52 years, so you get long-term protection against accidental mishaps.
Flexible Premium Payment
Depending on your suitability, you can pay the rider premium amount in a single instalment, for a limited period or throughout the policy tenure.
Multiple Payment Frequencies
The Shriram Life Accident Benefit Rider allows different premium payment frequencies like monthly, quarterly, half-yearly and annually.