Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Track & Policy DownloadLogin

Life Insurance Riders

Life insurance riders are the additional coverages that can be purchased along a life insurance policy and provide enhanced coverage. Life insurance riders are a great way to customize the life insurance policy according to one’s insurance requirements and budget. One can choose a life insurance rider that compliments his/her life insurance policy.

dot
1 Crore Life Cover starting from just ₹16/Day*
1 Crore Life Cover starting from just ₹16/Day*
  • Tax Benefit
    Tax Benefit
    Up to 1,50,000**
  • Claim Support
    Claim Support
    Everyday 10AM-7PM
  • 45 Lacs+
    45 Lacs+
    Happy Customers

*Standard Terms and Conditions Apply.

**Tax benefits are subject to changes in Income Tax Act.

What Are Life Insurance Riders?

Life insurance riders are additional coverage that can be purchased with a life insurance policy. Riders are a great way to increase the scope of coverage of your life insurance policy. Life insurance riders provide extensive coverage at an affordable premium rate. Life insurance companies offer a wide range of life insurance riders to help an individual stay financially protected even in unfavorable times when an emergency occurs. It is essential to choose a life insurance rider that compliments your life insurance policy and also fulfills your coverage requirements.

Term Life Insurance Premium Calculator

Gender

  • Male
  • Female

Date of Birth

calendericon

Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Types Of Life Insurance Riders

There are several types of life insurance riders that have different purposes and offer different benefits. Below mentioned are some popular life insurance riders in India:

  • Accidental Death Benefit: Under this rider, a death benefit along with rider benefit is provided to the nominee, in case of an unfortunate demise of the life assured during an accident.
  • Accidental Total and Permanent: Under this rider a lump amount is provided to the life assured in case he/she suffers total and permanent disability caused by an accident which makes it difficult for the life assured to make a living for themselves or their family and pay due premiums.
  • Critical Illness Rider: This is one of the most preferred riders as this rider provides coverage for major critical illnesses such as heart diseases, tumors, cancer, organ failure, etc.
  • Waiver of Premium: This rider helps in ensuring policy continuance by waiving off all the future payable premiums in case the life assured suffers disability caused in an accident.
  • Accelerated Death Benefit Rider: Under accelerated death benefit rider, a part of sum assured is provided to the life assured, in case the life assured is diagnosed with a critical illness.
  • Hospital Cash Rider: This rider provides a fixed amount of rider benefit to the life assured depending on the per-day expense of the hospitalization, in case the life assured is admitted to the hospital for a treatment.
  • Surgical Care Rider: Under surgical care rider, a lump sum amount is provided to the life assured, in case he/she has to undergo an unavoidable medical surgery during the policy tenure.
  • Income Benefit Rider: Under this rider, a pre-fixed number of monthly installments which is equal to the monthly income of the life assured is provided to the family of the life assured in case of untimely demise of the life assured during the coverage period.

Life Insurance Companies User Reviews

What users are saying
  • Securing Family

    I was looking for a meaningful gift for my niece’s wedding when I came across the Life Insurance policy from InsuranceDekho. I gifted her LIC Life Insurance, and there couldn’t have been a better gift for her future. Thank you, team. You are doing a wonderful job. 

    S
    LIC
    By Sandeep Bishnoi
    On: June 24, 2024
  • Perfect Gift for my family

    My parents are getting older, I surprised them with a life insurance policy from Bajaj Allianz Life Insurance. I purchased it through InsuranceDekho; the process was smooth and a totally easy breeze. Thank you team, for helping me secure my family.

    A
    Bajaj Allianz
    By Asraf Ali
    On: June 24, 2024
  • User-Friendly Portal

    InsuranceDekho has helped me find a perfect Life Insurance Plan from ICICI Prudential. It fits my budget and all my family's needs. Thanks to the online premium calculator, I was able to compare all my plans before making a decision. They have such an easy-to-use portal. Recommend to everyone. 

    J
    ICICI Prudential
    By Jipin TP
    On: June 21, 2024
  • Supportive team

    Insurancedekho helped me understand the importance of a joint life insurance plan for both me and my wife. Based on their recommendation, we bought HDFC Life Insurance. Their advice has come in handy, and now we enjoy the benefit of safety it provides. Thank you so much, team. 

    K
    HDFC
    By Karthick arjuna
    On: June 21, 2024
  • Customer Satisfaction

    My child has special needs, and upon referral from my family friend, I bought PNB MetLife Insurance for my kid from InsuranceDekho. Shruti from the customer support team helped me at every stage, and now my family has financial security for their care after I am gone. Thank you. 

    N
    PNB Met
    By Niliska D’Souza
    On: June 21, 2024

Latest Life Insurance News

Best Insurance Advisors in Your City.