Term insurance: Do you still need accidental cover?
Synopsis Term insurance offers protection, but an accidental death rider provides additional payout. This rider is an optional add-on, not a replacement for base coverage
Synopsis Term insurance offers protection, but an accidental death rider provides additional payout. This rider is an optional add-on, not a replacement for base coverage.
It specifically covers fatalities directly resulting from accidents like road or air mishaps. Individuals in high-risk occupations or frequent travelers should consider this rider. However,
increasing base term cover is prioritized if existing life insurance is insufficient.
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