What Coverages Are Offered in the Shriram Life Critical Illness Plus Rider?

If the life assured is diagnosed with any of the 24 covered critical illnesses, the rider pays 100% of the critical illness plus the rider sum assured along with loyalty benefit. After the first diagnosis, the rider gets terminated.

The rider provides loyalty benefit by way of increments in rider sum assured during the term of the rider, provided all the premiums due at the time of loyalty addition are fully paid. At the end of the third policy year, the sum assured under the rider will be increased by 15% of the initial rider sum assured and the increased rider cover continues till the end of the rider term.

The 24 critical illnesses covered under this rider include cancer of specified severity, stroke resulting in permanent symptoms, major organ/bone marrow transplant, permanent paralysis of limbs, coma of specified severity, benign brain tumour, third-degree burns, end-stage lung failure, surgery of the aorta, major head trauma, apallic syndrome, loss of limbs, myocardial infarction, kidney failure requiring regular dialysis, open chest CABG, open heart replacement or repair of heart valves, multiple sclerosis with persisting symptoms, blindness, Alzheimer's disease, end-stage liver failure, motor neuron disease with permanent symptoms, primary (idiopathic) pulmonary hypertension, deafness and Parkinson's disease.

If the life assured is a minor at the time of base policy inception, the rider can be chosen on attaining majority.