Rider Benefit means an amount of benefit payable additionally on a specified event covered under a Rider and is as mentioned in the Policy Provisions & Conditions and Policy Schedule.
Rider Benefit. ’ means an additional insurance obligation under a life insurance policy or a non-life insurance policy, which obligation is ancillary to the primary 25
Rider Benefit means the benefit payable under the Rider on the happening of the contingent event covered under the Rider. For more details, refer to Section 4 below.
Examples of Rider Benefit in a sentence
The Day 1 Accident benefit is a Rider Benefit under the Income Protection benefit and the Income Protection Accident Only benefit.
For PPT greater than or equal to 10 years: If Premiums are discontinued anytime during the first three Policy years, the Rider Benefit shall lapse at the end of the Grace Period.
Under the license agreement, AVEO is eligible to receive up to $540 million in milestone payments based upon the achievement of specified development, regulatory and commercialization goals.
The Life Cover Purchase benefit is available as a Rider Benefit under the Total and Permanent Disablement Stand Alone benefit.
The term ‘the Policy’ includes any endorsements and Rider Benefit conditions applicable.
More Definitions of Rider Benefit
Rider Benefit means a risk benefit for which the charge is a certain amount or a percentage of the premium or is otherwise fixed, which risk benefit excludes a basic risk benefit;
Rider Benefit means benefits as specified in the Schedule of an insurance policy that is purchased separately from the base policy by payment of additional rider premium and that provides additional benefits. The Rider Sum assured is payable on the occurrence of an event as stated in the Rider Policy terms and conditions.
Rider Benefit means an additional insurance obligation under a long-term policy which obligation is ancillary to the primary insurance obligations assumed under that policy;
Rider Benefit. ’ means an additional insurance obligation under a life insurance 40
Rider Benefit means any Rider Benefit(s) specified in your Policy Summary.
Rider Benefit. ’ means an additional insurance obligation under a life insurance policy or a non-
Rider Benefit means a benefit under an insurance policy that is purchased in conjunction with the basic policy and at additional cost, subject to the following conditions –