Accident Benefit Rider adds a defined payment if a covered accident leads to death, which is narrower than the life protection in the main policy. The extra amount can help a family, but the rider name should not be read as covering every injury, hospital bill or period without work after an accident.
Check the accident definition and covered period
This rider is attached to an eligible main policy and must meet its own age, cover and term rules, including the combined accident cover limit across policies. Check the full set of existing riders before asking for more, because a limit is not reset simply by buying another policy from LIC.
Extra accident cover has a separate purpose
The accident must meet the policy definition and death must follow within the stated period for the rider claim to qualify. If you also want to understand permanent disability protection, read Disability Benefit Rider, which has a different benefit and should not be assumed to be included here.
Five lakh rider cover is a separate addition
With five lakh rupees accident rider cover, an accepted accidental death claim adds that rider amount to the eligible main policy benefit. If the main policy also has bonus money or a different death formula, the combined payment is not necessarily double its full value; calculate each part under its own terms.
FAQ
Q: Is Accident Benefit Rider restricted only to road accidents?
A: No. A qualifying event depends on the contract's accident definition and exclusions, not just whether it happened on a road. The circumstances and evidence still matter.
Q: Can separate accident riders each ignore the combined cover ceiling?
A: No. LIC applies aggregate accident benefit limits across relevant policies, with special provisions only for eligible cases. Ask for the combined check before adding another rider.
Q: Why can Accident Benefit Rider end before the main policy matures?
A: Its period is tied to the eligible premium-paying period and age limit under the rider terms. A longer main policy term does not automatically extend this extra cover.