Economic Times10 sa önceBusinessIndia
Accidental Death Benefit Rider: Do You Need It With Term Insurance?
نظرة سريعة
- An accidental death benefit rider offers an additional payout if death occurs due to an accident, complementing a term insurance policy.
- It's an optional add-on, not a replacement, and is particularly recommended for those in high-risk occupations or frequent travelers.
- Prioritize increasing base term cover if existing life insurance is insufficient.
ملخص مُنشأ بالذكاء الاصطناعي
حجم الخط
An accidental death benefit rider offers an additional payout if death occurs due to an accident, complementing a term insurance policy. It's an optional add-on, not a replacement, and is particularly recommended for those in high-risk occupations or frequent travelers. Prioritize increasing base term cover if existing life insurance is insufficient.
مواضيع ذات صلة
This article was originally published by Economic Times.