What is Exide Life Group Illness Rider?
In these days of increasing stress, health is a major concern for all of us. As an employer, keeping your employees financially secured against major Critical Illnesses can be of huge mutual interest.
Presenting Exide Life Group Illness Rider – it has been designed to offer an enhanced financial protection for your employees in case they suffer from any Terminal Illness or the covered Critical Illnesses during the policy term. This rider pays out the chosen percentage of the Rider Sum Assured on the diagnosis of the Critical Illness and/or Terminal Illness. This can help tide over immediate medical expenses or maintain your life style in case regular income source is disturbed.
This product can be attached to existing Exide Life Group Term Life Product only. On start of this rider, you have to choose what percentage of the sum assured will be paid on diagnosis of the covered critical illnesses.