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Edelweiss Life Waiver Of Premium Rider (UIN No.:147B003V06)

In case of critical illness, accidental total and permanent disability or death, get all future premiums waived off through this optional rider. 

UIN No.: 147B003V06

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Rider Rates
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Sample Policy Contract
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Rider Brochure
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Customer Information Sheet

Rider Features

Unfortunate events can come into life without any warnings, leaving you worried about the future of you and your family. In case you are diagnosed with a critical illness, suffer from total and permanent disability due to an accident or death, this Rider comes to your aid. With this, any future premium payments that are remaining are waived off, keeping all benefits of your chosen plan intact. The critical illnesses covered in this plan are - Cancer of Specified Severity, Open Chest CABG, Myocardial Infarction (First Heart Attack of specific severity), Open Heart Replacement OR Repair of Heart Valves, Kidney Failure requiring Regular Dialysis, Third Degree Burns, Major Organ / Bone Marrow Transplant, Permanent Paralysis of Limbs, Stroke Resulting in Permanent Symptoms, Surgery of Aorta, Coma of Specified Severity and Blindness. 

 

This optional benefit has an entry age ranging between 18 to 65 years and a maximum maturity age of 70 years. You can get this rider for a term of 5 to 52 years and pay for it through options like Regular Pay and Limited Pay. bear in mind that the frequency of payments you choose should be the same as your selection made for the base plan. The unique feature of this rider is that there is no limit on the maximum premium to be waived off. This Rider gets activated upon first diagnosis of critical illness or due to accidental total and permanent disability during the term. Claim will be triggered only once.  

Riders do not in any way indicate the quality of the contract, its prospects or returns. Please know the associated risks and the applicable charges from your Intermediary or Financial Advisor. Tax benefits are subject to changes in the tax laws. Riders are optional and available at an extra cost.  For more details on risk factors and terms and conditions, please read sales brochure carefully before concluding a sale.  

 

Edelweiss Life - Accidental Total and Permanent Disability Rider is an Individual, Non-Linked, Non-Participating, Pure Risk Premium, Health Insurance rider.  UIN 147B001V05

Edelweiss Life - Accidental Death Benefit Rider is an Individual, Non-Linked, Non-Participating, Pure Risk Premium, Health Insurance Rider. UIN 147B002V05

Edelweiss Life – Payor Waiver Benefit Rider is an Individual, Non-Linked, Non-Participating, Pure Risk Premium, Life Insurance Rider.  UIN 147B014V06

Edelweiss Life - Critical Illness Rider is an Individual, Non-Linked, Non-Participating, Pure Risk Premium, Health Insurance rider. UIN 147B005V05

Edelweiss Life - Waiver of Premium Rider is an Individual, Non-Linked, Non-Participating, Pure Risk Premium, Health Insurance rider. UIN 147B003V06 

Edelweiss Life – Income Benefit Rider is an Individual, Non-Linked, Non-Participating, Pure Risk Premium, Life Insurance Rider. UIN 147B015V02 

Flower & Edelweiss (as displayed above) are trademarks of Edelweiss Financial Services Limited used by Edelweiss Life Insurance Company Limited under license. 

Edelweiss Life Insurance Company Limited (formerly known as ‘Edelweiss Tokio Life Insurance Company Limited’). 

IRDAI Reg. No.: 147. CIN: U66010MH2009PLC197336 | ARN. NO : WP/3931/Oct/2024

Registered & Corporate Office: 6th Floor, Tower 3, Wing ‘B’, Kohinoor City, Kirol Road, Kurla (W), Mumbai 400070. 

Toll Free No.: 1800 212 1212 | www.edelweisslife.in

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRAUDULENT OFFERS

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint

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