- Webpages
- Documents
- HDFC Life ClassicAssure PlusInvestment
- HDFC Life ClassicAssure PlusInvestment
- HDFC Life ClassicAssure PlusInvestment
For NRI Customers
(To Buy a Policy)
-
Call (All Days, Local charges apply)
-
Email ID
-
Whatsapp
(If you're our existing customer)
-
Call (Mon-Sat, 10am-9pm IST, Local Charges Apply)
-
Email ID
For Online Policy Purchase
(New and Ongoing Applications)
-
Call (All Days & Toll free)
-
Schedule a call
-
Whatsapp
-
Give missed call to buy a policy
-
Email
Branch Locator
-
Locate a branch
For Existing Customers
(Issued Policy)
-
Whatsapp
-
Call (Mon to Sat, from 10 am to 7 pm, Call charges apply)
-
Email
Fund Performance Check
-
Call (Missed Call)
What do you want to do?
A Comprehensive Guide for Term Insurance Riders

March 16, 2019
A term insurance plan offers several additional riders in addition to the main plan benefits. These riders come with a proportionally increased premium and are of the following types:
Accelerated death benefit rider:
This is an additional feature that comes as an extra rider and entitles a policy holder or her/his nominee(s) to receive additional benefits (apart from the main plan benefits) in the event of the policy holder's demise due to any specified and pre-defined reasonAccidental Death benefit:
This is a rider that comes with a clause of lump-sum payment of the sum assured to the nominee(s) in the event of the policy holder's demise due to an accidental reason.Accidental disability rider:
This is a very important rider that comes with the clause of financial protection coverage in the event of any kind of disability due premium terms and therefore, must be chosen as per the actual requirement and not randomly.Critical illness rider:
This is an additional clause that offers extra coverage in lieu of the added premium terms and accompanying payment options. This clause offers complete financial coverage against the probability of any critical illness. This clause offers coverage against critical illnesses that are defined and listed in the policy documents.Income rider:
This is the rider that entitles the policy holder's nominee(s) to receive a particular sum as a fixed income in the event of the policy holder's demise during the plan term.Waiver of premium:
This is a very beneficial rider that is often added to certain plans, especially a child plan. This rider states that there will be no payable premiums in the event of the policy holder's demise and that her/his nominee(s) will be entitled to the main plan benefits.
HDFC Life offers several term insurance plans that seek to secure your family's future at all times and during all stages of life. For details, click on the mentioned link: https://www.hdfclife.com/term-insurance-plans.
Related Articles
- Importance of Riders in Term Plans - Choose Wisely
- How to increase coverage with term and life insurance riders
- Reasons Your Term Insurance Plan Needs a Critical Illness Benefit
Tax Articles
Subscribe to get the latest articles directly in your inbox
Life & Term Articles
Investment Articles
Calculators
जानिए हिंदी में
Here's all you should know about life insurance.
We help you to make informed insurance decisions for a lifetime.

Popular Searches
- term insurance plan
- savings plan
- ulip plan
- retirement plans
- health plans
- child insurance plans
- group insurance plans
- long term savings plan
- fixed maturity plan
- monthly income advantage plan
- income tax calculator
- pension calculator
- bmi calculator
- compound interest calculator
- term insurance calculator
- income tax
- tax saving investment options
- best investment plans
- benefits of term insurance calculator
- what is term insurance
- why to invest in life insurance
- tax planning for salaried employees
- how to choose best child insurance plan
- tips for buying retirement plan
- 1 crore term insurance
- importance of saving
- short term saving plans
- types of investment in india
- investment declaration
- Life Insurance
- Union Budget 2023
- New Income Tax Slab 2023-24
- HRA Calculator
- Term Insurance