WHY ACCIDENTAL DEATH COVER IS IMPORTANT?
Life insurance tackles numerous needs at different stages of your life. With increased income and a much higher standard of living, it becomes crucial to maintain the most suitable insurance protection for you and your family.
With decreasing oil prices sales of cars has increased over the years leading to increased number of Road Accidents. 24% of the road accidents have been fatal over the last 5 years.
One Death Every Minute in India Due to Road Accident* 9th leading cause of Death in 2011-12 and is expected to be 5th by 2030 in India
HOW ACCIDENTAL DEATH BENEFIT RIDER HELPS YOUR LOVED ONES?
Accidental Death Cover is normally available as a Rider or Inbuilt Option provided by various insurers to ensure your loved ones are safe while you are driving trying to keep up with the fast pace world. These are the additional benefits that can be bought and added to a basic life insurance policy and allow you to increase your Life Cover under the same policy without or with very little underwriting. Accidental Death Benefit can be blended, for an additional cost, according to your present and future insurance needs. However, buying a rider means paying an extra premium for this supplementary benefit.
HOW DOES EXTRA LIFE OPTION HELPS YOU?
With Extra Life option offered by HDFC Life under Unit Linked platforms, you can have the peace of mind as your loved ones gets Twice the Sum Assured under the policy in case of unfortunate demise of the Life Assured due to any accident. The maximum life cover offered under this option will be as per the base policy.
ALL OF THIS CAN BE ACHIEVED SIMPLY WITHOUT ANY ADDITIONAL DOCUMENTATION or UNDERWRITING
HDFC Life offers Extra Life option is available under 3 Unit Linked Plans - HDFC Life ProGrowth Plus, HDFC Life ProGrowth Flexi and HDFC Life ProGrowth Super II plans and 1 Protection Plan – HDFC Life Click2Protect Plus