LIC's Accidental Death & Disability Benefit Rider Calculator

Rider UIN: 512B209V02 - (An Individual, Non-Linked, Life Rider)

Life Assured's Current Age (Completed) Min: 18, Max to Opt: 64. (Entry up to 65 NB).

Base Policy Sum Assured (₹) Rider SA cannot exceed this.

Accident Benefit Sum Assured (ABSA) (₹) Min ₹10,000. Cannot exceed Base SA. Max caps apply (see summary).

Base Policy Term (Years) Rider Term linked to this & Life Assured's age up to 70 (NB).

Rider Premium Payment Type Choose how to pay rider premiums.

Base Policy PPT (Years) For Limited Rider, its PPT is same as Base Policy PPT.

Engaged in Police Duty & Opting for Cover? Higher premium rate applies if Yes.

Premium Payment Mode Follows Base Policy mode.

Rider Premium Options

Click on a premium option to see its details.

GST: Rider Premiums shown are inclusive of 18% GST (assumed rate). Base rider premiums are exclusive of GST. Actual GST is as per prevailing rates.

Premium calculation details will appear here.

Rider Benefits

a) In case of Permanent & Total Disability (due to accident):

Disability Benefit equal to the Accident Benefit Sum Assured, divided into equal monthly instalments spread over 10 years, shall be paid.
Future premiums for this Rider and for the Base Policy (up to an amount of Basic Sum Assured equal to this Accident Benefit Sum Assured) shall be waived.

b) In case of Death (due to accident):

A sum equal to the Accident Benefit Sum Assured shall be payable.

No Maturity Benefit is payable under this Rider. This Rider does not acquire any paid-up value or surrender value.

Plan Summary

▼

Eligibility & Terms:

Minimum Entry Age: 18 years (completed).
Maximum Entry Age: 65 years (nearest birthday). (Opt before policy anniversary of age 65 NB).
Rider Cover Ceasing Age: 70 years (nearest birthday).
Minimum Accident Benefit Sum Assured (ABSA): ₹10,000.
Maximum ABSA: Cannot exceed Base Policy Sum Assured. Aggregate limits apply (generally ₹1 Crore for most plans; up to ₹2 Crore with LIC’s Jeevan Shiromani; overall individual cap ₹2 Crore).
Rider Term: Shall be the same as Base Plan term or (70 - age at entry) years, whichever is less. (Min. 5 years outstanding term to opt).
Premium Paying Term for Rider: Same as Base Plan.

Premium Rate (per ₹1,000 ABSA per annum):

Regular Premium: ₹1.00 (Standard), ₹1.50 (Police Duty).
Single Premium (Standard Rates): PT 10: ₹8.00, PT 20: ₹12.65, PT 30: ₹15.35. (Police Duty rates are higher).
Limited Premium (Sample PT20/PPT15): ₹1.20 (Standard), ₹1.80 (Police Duty). Other combinations are estimations.

Benefits:

**Accidental Death:** Accident Benefit Sum Assured is paid.
**Accidental Total & Permanent Disability:** Accident Benefit Sum Assured paid in monthly instalments over 10 years. Future premiums for this rider and for the base policy (up to ABSA amount) are waived.

General Conditions:

Optional rider. Premium payable with base policy.
No subsequent rider premium if disability claim admitted.

Exclusions (Summary):

Benefits are not payable for disability or death due to: intentional self-injury, attempted suicide, insanity, immorality, influence of intoxicating liquor/narcotics (unless prescribed), riots, civil commotion, war, invasion, hunting, mountaineering, steeple chasing, racing, paragliding, parachuting, adventurous sports, criminal acts, employment in armed forces (exceptions apply), police duty (exceptions apply if specific cover opted), or if event occurs after 180 days from accident date.

Find Rider Brochure

Riders Plans Calculator

LIC Accident Benefit Rider Linked Accidental Death Benefit LIC New Term Assurance Rider LIC Premium Waiver Benefit Rider