This is an additional policy /Rider that provide with basic Life Insurance policies. It doubles the amount of benefit payable for the basic life cover if the insured dies as a result of an accident.
Concerning disability, a percentage payable would be determined based on the medical board decision or the schedule of benefits of CAI rider. The schedule of benefit include:- |
Extent of loss | Percentage payable | |
Loss of Life | The sum assured (Doubles the death benefit) | |
Total Body Paralysis | The sum assured | |
Total Loss of Lower jaw | The sum assured | |
Total Loss of Both Limbs | The sum assured | |
Other benefits | As per the schedule of Benefits of CAI Rider |