What Is ABSLI Accidental Death And Disability Rider?

Some circumstances incur more costs than usual such as critical illnesses, disabilities and even accidental deaths. To ensure that you or your family do not face any financial difficulties, it is necessary to take efficient measures like purchasing a Rider.

A rider is a low-cost addition to your base insurance policy. At only a fraction of the cost, it enhances the features of your insurance policy and makes it more robust. Riders like the ABSLI Accidental Death and Disability Rider, cater to special circumstances and provide additional financial protection.

What Is ABSLI Accidental Death And Disability Rider?

The ABSLI Accidental Death and Disability Rider is a rider from Aditya Birla Sun Life Insurance. It provides added benefits in case you acquire a disability or in case of death, caused by accidents. This rider is an inexpensive way to protect yourself and especially, your family, from financial problems.

Benefits of ABSLI Accidental Death And Disability Rider

In case of the death of the policyholder, due to an accident, there will be a payout equal to the rider sum assured. In case the policyholder suffers from a disability due to an accident, they are paid out a percentage of the rider sum assured as a benefit. Both of these benefits are paid out within 180 days from the occurrence of the accident. After the Disability Benefit is paid out, the Rider can be kept in force for the accidental death benefit.

Eligibility For ABSLI Accidental Death And Disability Rider

Check out the eligibility required for purchasing the ABSLI Accidental Death and Disability Rider.

Conclusion

The ABSLI Accidental Death and Disability Rider is a helpful rider. As it is available at a low price, it is extremely beneficial to buy it and make your base insurance policy more robust.