This optional rider covers total and permanent disability. Upon life assured’s total and permanent disability, we will pay the rider sum assured.
Total and permanent disability means any of the following 3 disabilities:
- Occupational disability (applicable to age 18 to 65 last birthday)
- Presumptive disability
- Inability to perform 3 out of 6 Activities of Daily Living
The payout under this rider is considered as pre-payment/advanced payment of the base benefit under the base plan, i.e. it accelerates and reduces the sum assured of the base plan by the claim amount.
Please refer to the product summary for more details.