LIC Optional Riders – Add Extra Protection to Your Life Insurance
Boost your LIC policy with these affordable and valuable rider benefits. Available across Hyderabad, Telangana, and Andhra Pradesh.
1. Accidental Benefit Rider
This rider pays an **additional sum equal to the basic sum assured** in case of death due to accident. It ensures your family gets double protection at very low cost.
Example: If your policy sum assured is ₹10 lakhs and you meet with an accidental death, your nominee receives ₹20 lakhs.2. Accidental Death & Disability Benefit Rider
Covers both **accidental death and permanent disability**. In case of disability, the benefit is paid in monthly installments over 10 years and future premiums are waived.
Ideal For: Working professionals and business owners who want income security after a disability.3. Premium Waiver Benefit Rider
Offered in child plans. If the proposer (usually a parent) dies during the term, **future premiums are waived**, and the policy continues as planned.
Perfect for: Parents buying plans like Jeevan Tarun or Amritbaal for their kids.4. New Term Assurance Rider
This adds a **pure term life cover** on top of your base policy. The sum assured from the rider is paid to nominee on death, over and above the base policy benefits.
Why it’s useful: Increases life cover at very low extra premium.5. Linked Accidental Death Benefit Rider
Applicable to **ULIP plans like LIC's New Endowment Plus**, this rider adds accidental death benefit to linked plans. Paid in addition to fund value.
Good for: Investors opting for market-linked plans who want accident coverage too.Need Help Choosing the Right Rider?
Contact Diwakar Cherukuwada, LIC Agent serving Hyderabad, Telangana & Andhra Pradesh.
- 📞 Phone/WhatsApp: Chat on WhatsApp
- 📧 Email: support@theinsuranceagency.in