TERM INSURANCE RIDER (TIR)

TIR Sum Insured can be up to a maximum of the Basic Policy Sum Insured.

 

Benefit:

In case of insured’s death, the TIR sum insured under this rider will be paid. This will be in addition to the benefits under the basic policy.

 

Minimum age at entry:

18 years

 

Maximum age at entry:

50 years

 

Minimum term:

10 years

 

Maximum term:

Equal to the basic policy premium paying term or till the insured turns 60, whichever is earlier. The term can also not exceed 25 years.