Riders


Riders with Life Cover Plans, Critical Illness Benefit Rider , Accident & Disability Benefit Rider, Income Benefit Rider, Waiver of Premium Rider (WOP), Waiver of Premium on Critical Illness Rider



ICICI Prudential gives you the freedom to form your very own comprehensive insurance policy by adding the rider benefits to the basic life insurance policy. Add from the following list of benefits to increase the scope of your policy, at a nominal cost.


Critical Illness Benefit Rider

This rider provides protection against 9 critical illnesses, namely:

  • Major organ transplants
  • Complete renal failure
  • Stroke
  • Paralysis
  • Heart attack
  • Valve replacement surgery
  • Major surgery of the aorta
  • CAGS (Bypass)
  • Cancer

Benefits paid on contracting the illness

Accelerated benefits (available with Save'n'Protect and CashBak) : If the policyholder is diagnosed with any of the specified illnesses, then the policyholder is paid the entire sum assured under the rider. The policy along with all the riders (to the extent of the Rider Sum Assured) is then terminated. However, the remainder of the base policy continues till the end of the term. The policyholder will have to continue paying his premiums for the remainder of the policy.
Standalone benefits (available with LifeTime Super,PremierLife Gold,LifeTime Plus,ForeverLife, Group Term Plan) : If the policyholder is diagnosed with any of the specified illnesses, he/she is paid the rider Sum Assured and the rider terminates. However, the base policy continues till maturity.
Premiums paid under this rider are eligible for tax benefits under Section 80D.
For a detailed list of exclusions / conditions, please ask for our rider brochure.
Click here for Rider Premium charges.
Download Riders brochure


Accident & Disability Benefit Rider

Benefits payable on death due to an accident
If the policyholder dies due to an accident, 100% of the rider sum assured is paid in addition to the basic sum assured. In case the policyholder dies in a land surface, mass public transport system wherein the policyholder was traveling as a fare-paying passenger, then 200% of the rider sum assured is paid.

Benefits payable in case of permanent disability due to an accident.
If the policyholder survives an accident but becomes permanently disabled then the premium for the basic plan is completely waived off to the extent of the rider sum assured.
Plus 10% of the rider sum assured is paid every year for the next 10 years or till the end of the base policy term, whichever is earlier, which helps in providing that extra money and takes care of sudden financial set back that occurs after a tragic disability.

Accident & Disability Benefit rider is available with LifeTime Super, PremierLife Gold, LifeTime Super Pension, LifeTime Plus, SmartKid New ULRP, Save n Protect, Cashbak, ForeverLife, LifeGuard ROP, LifeGuard WROP, Group Term Plan.
Premiums paid under this rider are eligible for tax benefits under Section 80C.
For a detailed list of exclusions / conditions, please ask for our rider brochure.
Click here for Rider Premium charges.
Download Riders brochure


Income Benefit Rider

In case of death of the life assured during the term of the policy, 10% of the rider sum assured is paid annually to the beneficiary, on each policy anniversary till maturity of the rider.
Income Benefit rider is available with SmartKid Child Plans.
Premiums paid under this rider are eligible for tax benefits under Section 80C.
For a detailed list of exclusions / conditions, please ask for our rider brochure.
Click here for Rider Premium charges. Download Riders brochure


Waiver of Premium Rider (WOP)

On total and permanent disability due to an accident, all future premiums for both the base policy and rider(s) will be waived till the end of the term of the rider or death of the life assured, if earlier. Waiver of Premium rider is available with LifeTime Super, LifeTime Plus, LifeTime Super Pension, SmartKid New ULRP, LifeGuard ROP, LifeGuard WROP.
Premiums paid under this rider are eligible for tax benefits under Section 80C.
For a detailed list of exclusions / conditions, please ask for our rider brochure.
Click here for Rider Premium charges.
Download Riders brochure

ICICI Pru Waiver of Premium on Critical Illness Rider

This rider waives all your future premiums of your base policy on occurrence of specified 20 Critical Illnesses. This ensures that your policy benefits continue as planned.
Critical illnesses covered are as follows:

  • Undergoing the following procedures
S.N. Procedures

1

Brain Surgery

2

Coronary Artery Bypass Surgery

3

Heart Valve Surgery

4

Major Organ Transplant

5

Surgery to aorta

  • Diagnosis of the following diseases
  • S.N. Diseases S.N. Diseases

    1

    Apallic Syndrome

    9

    Heart Attack

    2

    Benign Brain Tumour

    10

    Loss of Independent Existence

    3

    Blindness

    11

    Loss of Limbs

    4

    Cancer

    12

    Major Burns

    5

    Chronic Lung Disease

    13

    Major Head Trauma

    6

    Coma

    14

    Paralysis

    7

    End Stage Liver Disease

    15

    Stroke

    8

    Kidney Failure

    This rider can be attached to ICICI Pru Pinnacle Super (LP), ICICI Pru LifeStage Wealth II, ICICI Pru LifeTime Premier and ICICI Pru SmartKid Premier.
    It can be added on policy anniversary, subject to underwriting, except in the last five years of the base policy.
    Click here for Rider Premium Rates.
    For a detailed list coverage and exclusions, please refer to the brochure.
    Download Brochure