Tata AIA Life Insurance

Tata AIA life insurance offers a few riders which can be opted in addition to your base policy. These are traditional in nature:

Non-Linked Comprehensive Protection Rider – With this rider, complementing your base policy can help you tackle any challenge thrown at you. It provides coverage for various risks such as critical & terminal illnesses, disability due to an accident, and even death. 

Benefits:

• Term benefit with Accelerated Terminal Illness – Compensation will be payable on death or diagnosis of a terminal illness of the insured.
• Accidental Death Benefit – Compensation will be payable in the event of the death of the insured due to an accident.
• Accident Total and Permanent Disability Benefit – Compensation will be payable in case of a total and permanent disability of the insured due to an accident. The benefits are doubled in certain circumstances.
• CritiCare Plus Benefit – The benefit is payable if the insured survives for a period of 30 days from the first day of the diagnosis of any of the covered illnesses. 
• CritiCare Benefit – It is an accelerated benefit that accelerates the payout of the base plan death benefit on the occurrence of an insured event. 

2. Non-Linked Comprehensive Health Rider – Provide protection to your family against various risk coverage such as disability, hospitalization and, cardiac, cancer, and other critical illnesses. 

Benefits:

• Accidental Permanent Total or Partial Disability Benefit – Under this rider the life insured will be paid compensation if an accident causes permanent total or partial disability.
• Multistage Critical Illness Benefit – This rider covers 39 critical illnesses including those detected at a minor stage.
• Multistage Cancer Care Benefit – This rider covers you against early as well as late-stage cancers.
• Multistage Cardiac Care Benefit – This rider covers 14 minor as well as 8 major cardiac and other related ailments.
• HospiCare Benefit – This rider also covers the costs of hospitalization, ICU, etc.

3. Waiver of Premium Plus Rider – The Waiver of Premium Plus Rider, you will continue to avail all the benefits of your policy even if you are unable to pay the premium.

4. Accidental Death and Dismemberment (Long Scale) Rider – With this rider, you can ensure that your family, in the event of death the life insured, receives a lump sum amount to bridge the financial gap. Your family is also eligible to receive a percentage of the rider sum assured if the life insured suffers from loss of bodily functions or burns due to an accident. 

ULIP RIDERS

You can opt for the following ULIP Riders to complement your base policy:

1. Waiver of Premium Plus(Linked) Rider – This rider ensures that you continue to receive the insurance benefits even if you are unable to pay the premiums for your base plan due to disability, or the proposer’s death.
2. Waiver of Premium (Linked) Rider – This rider ensures you continue to receive the insurance benefits even if you are unable to pay the premiums for your base plan due to permanent and total disability.

3. Linked Comprehensive Protection Rider – This rider provides you assistance to face death, disability due to accident, critical illness, terminal illness, etc. 

4. Accidental Death and Dismemberment (Long Scale) Linked Rider – This rider ensures that your family, in the event of death the life insured, receives a lump sum amount to bridge the financial gap. 

5. Linked Comprehensive Health Rider – This rider provides protection to your family against various risk coverage such as disability, hospitalization and, cardiac, cancer, and other critical illnesses.