Rider Sum Assured means the absolute amount assured to be paid on diagnosis of any Critical Illnesses of the Scheme Member during the Rider Term in accordance with the terms and conditions of the Rider document;
Rider Sum Assured means an amount as specified in the Schedule and payable on the occurrence of the Accidental Death or Total and Permanent Disability of an Insured in accordance with Section 3.
Rider Sum Assured means an amount as specified in the Schedule, which is payable on the death or accidental dismemberment of the Life Insured in terms of the provision of the Rider;
Examples of Rider Sum Assured in a sentence
If this rider is opted for, in case of accidental death, the Accident Benefit Rider Sum Assured will be payable as lumpsum along with the death benefit under the base plan.
Refers to the amount specified in the Schedule as Rider Sum Assured.
If this rider is opted for, an amount equal to Term Assurance Rider Sum Assured shall be payable on death of the Life Assured during the policy term.
If this rider is opted for, an additional amount equal to Term Assurance Rider Sum Assured shall be payable on death of the Life Assured during the policy term.
Each of above Rider Sum Assured cannot exceed the Basic Sum Assured under the Base plan.
More Definitions of Rider Sum Assured
Rider Sum Assured means the Sum Assured opted by the Policyholder for this Rider as specified in the Policy Schedule for the Base Policy.
Rider Sum Assured means an amount as specified in the Schedule, which is payable as per terms of the Rider;
Rider Sum Assured means an amount as specified in the Schedule and payable on the occurrence of the Accidental Death or Dismemberment of an Insured Member in accordance with Section -3.
Rider Sum Assured means an amount as specified in the Schedule, which is payable on the death of the Life Insured;
Rider Sum Assured means the absolute amount assured to be paid on diagnosis of any Total Permanent Disability as defined hereunder in accordance with the terms and conditions of the Rider Policy.
Rider Sum Assured means the maximum amount of benefit payable in case of death of the Life Insured under this Rider, as specified in the schedule. The Rider Sum Assured shall in no case, exceed the higher of guaranteed death benefit or sum assured under the Base Policy;
Rider Sum Assured means an amount as specified in the Schedule and payable on the occurrence of the Death of the Life Assured, in accordance with Section 2.