Additional Benefits for Rider

(Delta Life Insurance Company Limited)

ADB- Accidental Death Benefit

If the insured dies due to an external accident, in addition to the sum insured payable on the natural death of the insured, an amount equal to the rider amount is paid as per the contract. The maximum risk amount of this ADB is 20 lakh taka and the premium rate is 1.25 taka per thousand BDT.

PDAB-Permanent Disability & Accidental Benefit

This supplementary insurance provides financial assistance to the insured in case of permanent disability due to accident. If the insured becomes unable to carry out any profession or occupation due to permanent physical disability, a 'supplementary' benefit is provided at the rate of 10% of the main insurance amount every year for a maximum of 10 years.

In case of permanent complete disability, the premium is waived. In case of permanent partial/complete disability of any part of the body, compensation is given as per the schedule. However, compensation is not given for any disability that has already occurred. The premium of this supplementary insurance is only 3.50 taka for every thousand taka of the sum insured. The maximum sum insured of this supplementary insurance is 20 lakh taka and the age at maturity will be 60 years.

HI-Hospital Insurance

Under this supplementary insurance scheme, a maximum of 20 percent of the basic sum insured is paid for actual expenses incurred during hospitalization. The maximum amount of this claim is 5 lakh taka. If the insured wishes, his wife or husband and children can take advantage of this insurance simultaneously.

MDB 25%- Major Decease Benefit 25%

The aim of this scheme is to reduce the financial and mental burden of any serious illness. If the insured is affected by any of the 7 specified serious illnesses, 25% of the sum assured is paid immediately. The remaining 75% is paid at the time of claim settlement as usual. The maximum sum assured under this scheme is 20 lakh taka. The illnesses for which the sum assured is paid partially – Heart attack, Stroke, Coronary artery surgery, Cancer, Kidney failure, Multiple Sclerosis and Paralysis. The maximum age limit is 60 years.

MDB 50%- Major Decease Benefit 50%

The maximum sum insured in this plan is 10 lakh taka. The maximum age limit is 60 years. 8 diseases.  Heart attack, Stroke, Coronary artery surgery, Cancer, Kidney failure, Multiple Sclerosis, Paralysis and Major organ transplantation.

FIR- Family Income Rider

If the insured dies during the insurance period, 25% of the principal sum assured is paid immediately along with the bonus earned till the date of death. The remaining 75% is paid at the end of the term. In addition, 10% of the principal sum assured is paid to the family as an allowance on a monthly basis till the maturity. The term can be 10, 15 or 20 years. The maximum age limit is 60 years.