Q. When can riders be added to a life insurance policy?

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Q. Do riders need to be underwritten like the base cover?

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Q. Which rider can be added only at the commencement of the policy contract?

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Q. What is the purpose of the waiver of premium (WoP) rider or Premium Waiver Benefit (PWB) rider?

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Q. What is the purpose of the critical illness (C.I.) rider?

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Q. What is the purpose of the accidental death benefit (ADB) rider?

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Q. What is the purpose of the total permanent disability benefit rider (TPD)?

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Q. What is the purpose of the term rider?

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Q. What is the purpose of the Waiver of Premium (WoP) rider?

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Q. When is the Waiver of Premium (WoP) rider more popularly used?

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Q. What happens if the life insured (parent) dies in a child plan with the Waiver of Premium (WoP) rider?

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Q. What is the purpose of the Accidental Death Benefit (ADB) rider?

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Q. What is the maximum amount of benefit offered by the Accidental Death Benefit (ADB) rider?

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Q. What is the underwriter evaluating while assessing the accident risk and granting the ADB rider benefit?

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Q. Can the Accidental Death Benefit (ADB) rider be declined by the insurance company?

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Q. What is the Waiver of Premium rider?

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Q. What is TPD in the context of life insurance?

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Q. What are the prerequisites for a TPD claim?

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Q. What is the meaning of "gainful employment" in the context of TPD?

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Q. Why is the claims process for TPD very careful and may require medical and legal experts?

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