SBILifeAccidentalDeathBenefitLinkedRider

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SBI Life Accidental Death Benefit Linked Rider

(UIN: 111A019V01)
This rider provides additional benefit equal to rider sum assured if the death occurs as a result of an accident. Eligibility Criteria: Age at Entry: 18 years to 64 years Age at Maturity: Maximum: 69 years Plan Type: Regular Premium / Single Premium Plan type allowed will be same as plan type in the base product to which this rider is attached Premium Frequency: Single / Yearly / Half-yearly / Quarterly / Monthly Monthly mode is available only through Electronic Clearing System (ECS) or Standing Instructions (where payment is made either by direct debit of bank account or credit card). Policy Term (PT) 5 years to the base cover policy term or 69 years minus age at entry, whichever is earlier Premium Paying Term (PPT): Same as policy term Sum Assured Range: Rs. 25,000 to sum assured under the base plan or Rs. 50,00,000, whichever is lower. The sum assured offered would also depend on the underwriting norms of the company prevailing at that time. Exclusions: Deaths due to the consequences of or occurring during the events as specified below are not covered: Infection: Death or Disability caused or contributed to by any infection, except infection caused by an external visible wound accidentally sustained Drug Abuse: Life assured under the influence of Alcohol or solvent abuse or use of drugs except under the direction of a registered medical practitioner Self-inflicted Injury: Intentional self- Inflicted injury. Criminal acts: Life assured involvement in Criminal and/or unlawful acts. War and Civil Commotion: War, invasion, hostilities, (whether war is declared or not), civil war, rebellion, revolution or taking part in a riot or civil commotion. Nuclear Contamination: The radioactive, explosive or hazardous nature of nuclear fuel materials or property contaminated by nuclear fuel materials or accident arising from such nature. Aviation: Life assured participation in any flying activity, other than as a passenger in a commercially licensed aircraft.

SBILifeAccidentalDe eathBenefitLinkedRider

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rdous sports and pastimes: T a Taking part or practicing fo any hazardo hobby, pu or ous ursuit or any ra ace Hazar not pr reviously decla and accep by the Company. ared pted Physic Infirmity: Body or ment infirmity or any disease. cal B tal r

Prohibitio of Rebate on es: Section 41 of Insuranc Act 1938 st ce tates: No person shall allow or offer to all n o low, either dir rectly or indirectly, as an in nducement to any person to take o out or ren or continu an insuranc in respect o any kind of risk relating to lives or pro new ue ce of f operty in Indi any ia, rebate of the whole or part of the commission pa ayable or any rebate of the premium sh e hown on the p policy, nor shall a person tak out or re any king enewing or co ontinuing a po olicy accept an rebate, exc ny cept such reba as ates may be all lowed in accor rdance with th published p he prospectuses o tables of th insurer. or he Provided that acceptance by an insurance agent o commission in connectio with a poli of life insu of n on icy urance n deemed to be acceptance of a rebate of p f premium with the hin taken out by himself on his own life shall not be d meaning o this sub-se of ection if at th time of suc acceptance the insuranc agent satis he ch e ce sfies the presc cribed conditions establishing that he is a bo fide insura s ona ance agent em mployed by the insurer. e (2) Any p person making default in co g omplying with the provision of this sect h ns tion shall be p punishable wit fine th which may extend to fiv hundred ru y ve upees. closure: Non-Disc Section 45 of Insuranc Act, 1938 s ce states: No Policy of life insura y ance effected b before the com mmencement of this Act shall after the expiry of two years t o from the date of comm mencement of this Act and no policy of life insuranc effected aft the coming into f d f ce ter g force of t this Act shall, after the exp of two y , piry years from the date on wh e hich it was eff fected, be cal lled in question b an insurer on the ground that a statem by o d ment made in the proposal for insurance or in any rep of port a medical officer, or re eferee, or frien of the insu nd ured, or in an other document leading to the issue o the ny of as ess ent tter policy, wa inaccurate or false, unle the insurer shows that such stateme was on a material mat or suppressed facts which it was materi to disclose and that it wa fraudulentl made by the policy-holde and d ial as ly e er that the policy holder knew at the ti k ime of making it that the s g statement was false or that it suppressed facts s d was o which it w material to disclose; Provided t nothing in this section shall prevent the insurer fr that n rom calling for proof of age at any time if he is r e f entitled to do so, and no policy sha be deemed to be called in question m o all d merely becaus the terms o the se of policy are adjusted on subsequent pro that the ag of the life i oof ge insured was in ncorrectly state in the prop ed posal. Call Toll Free 18 22 9090 l 800 Visit us at www.sb t bilife.co.in or Email: info@ @sbilife.co.in Registered Office: State Bank Bhavan Madam Cam Road, Nari n, ma iman oint, Mumbai - 400021 Po te ner aidya Marg, Fo ort, Corporat Office: Turn Morrison Bldg, GN Va Mumbai-400 023 Insurance is the subject ma of solicitati atter ion.

Regn. No. 111