Should You Add An Accidental Death Benefit Rider To Your Term Insurance Policy?

A life insurance cover (term plan) is a must-have for ensuring that your family is financially protected in the event of your demise.

But apart from having a term plan (base cover), you can also opt for a rider — an additional feature on top of the base cover — to make your life insurance more comprehensive. Now, certain riders such as the critical illness rider come at significant cost and therefore, require a cost-benefit analysis before you opt for them. However, an accidental death benefit (ADB) rider is a relatively low-cost option that gives you additional protection. So, whether you should go for higher base sum or accidental death benefits rider..Know answers to this and many more questions .. Watch
#termplan #accidentalbenefit #rider #lifeinsurance


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