This is an additional policy /Rider that provide with basic Life Insurance policies. It doubles the amount of benefit payable for the basic life cover if the insured dies as a result of an accident.
Concerning disability, a percentage payable would be determined based on the medical board decision or the schedule of benefits of CAI rider. The schedule of benefit include:-
|Extent of loss||Percentage payable|
|Loss of Life||The sum assured (Doubles the death benefit)|
|Total Body Paralysis||The sum assured|
|Total Loss of Lower jaw||The sum assured|
|Total Loss of Both Limbs||The sum assured|
|Other benefits||As per the schedule of Benefits of CAI Rider|