Rider Benefits definition

Rider Benefits means the benefits payable on specified events applicable under the Riders as may be purchased by you

Rider Benefits means an amount of benefit payable on a specified event offered under the rider, and is allowed as add-on benefit to benefit under Base Policy.

Rider Benefits means an amount of benefit payable on a specified event offered under the rider, and is allowed as add-on benefit to main benefit.

Examples of Rider Benefits in a sentence

• Service Tax and other related taxes on premiums payable for the Basic Policy Benefit and Rider Benefits, if any, will be charged separately by the Company at the time of premium payment.

• Service Tax and other related taxes on premiums payable for the Basic Policy Benefit and Rider Benefits, if any, will be charged by the Company, separately and in addition to the installment premium, at the time of premium payment.

• Rider Benefits once cancelled shall not be revived, reinstated or restored at any point of time and a new proposal will have to be made for a new Policy.If the Policy has been opted through Insurance Repository (IR), the consideration of the free look period of 15 / 30 days (as per the applicable channel as mentioned above) shall be from the date of email sent by the IR.In addition to the above, Free Look Provision as per the base Policy is also applicable on the Rider contract.

• The Additional Rider Benefits, if any, as specified in the Schedule shall be subject to the terms, conditions and exclusions of the respective Rider(s).

• If we pay a benefit for Total Disablement or Partial Disablement for Business Expenses, we will: • Waive the premiums that you would otherwise pay for this benefit (including any Rider Benefits attached to your Business Expenses cover), until the end of the Benefit Period for that benefit or until the date that the Total Disablement or Partial Disablement ceases (whichever occurs first), and • reimburse you for premiums that you paid for that benefit during the Waiting Period.

• In case of assignment under this Policy, the assignee would not be entitled to increase the Death Benefit or Rider Benefits.

• Stamp duty may be payable on this policy by Us in accordance with stamp duty legislation applicable in the State or Territory in which the Life Insured is ordinarily a resident.For some Rider Benefits the amount of stamp duty payable is included in the premium and is not an additional charge toYou.

• Specified Illness Rider: Benefits are eligible for payment upon diagnosis of additional specified diseases.

• Please read your coverage documents carefully for information on included riders, if any: Additional Sickness Rider: Benefits are eligible for payment when a physician determines that a covered person is unable to perform two or more standard activities for at least 90 continuous days as a result of a specified disease.

• We will not waive the premiums for the following Rider Benefits under the linked Superannuation PLUS benefit:• Double Crisis Recovery,• Double Total and Permanent Disablement,• Universal Total and Permanent Disablement,• Double Universal Total and Permanent Disablement, and• Accidental Total and Permanent Disablement.We will not waive premiums if the Life Insured is deemed to be Partially and Permanently Disabled.

More Definitions of Rider Benefits

Rider Benefits means benefits as specified in the Schedule of an insurance policy that is purchased separately from the base policy and that provides additional benefit at an additional cost

Rider Benefits means the amount of Benefit payable on a specified event offered under the Rider and is allowed as add-on benefit to main benefit and is mentioned in the Rider Policy.

Rider Benefits means an amount of benefit payable on a specified event offered under the rider, and is allowed as add-on benefit to benefit under base product, and may include waiver of premium benefit on other applicable riders.

Rider Benefits means an amount of benefit payable on occurrence of a specified event covered under the rider, and is an additional benefit to the benefit under the base product, and may include waiver of premium benefit on other applicable riders.

Rider Benefits means an amount of benefit payable on occurrence of a specified event covered under the rider, and is an additional benefit to the benefit under the base product.