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Today, term insurance plans are most sought after and with the introduction of online term plans, our lives have gotten a lot easier. With the ease of online transactions, financial experts suggest opting for term plans over others as they offer a higher sum assured amount in return of really low premium rates.

With the increasing popularity of online term insurance, there is yet a large number of people in our country who are unaware about the various riders that one could opt for with their term plans. So, what are riders? Riders are the add-ons to your term plans which help enhance insurance protection and play an important role in making your term plans more efficient.

Thinking about which rider you should opt for? According to the industry experts and insurance specialists, the best rider to opt for while buying an online term insurance is a Critical illness rider. 

It is wise to opt for a rider that suits your needs, but a Critical illness rider has a lot of benefits that one can’t simply ignore:

• The critical illness rider helps you avail  additional tax benefit under section 80D if Income Tax Act 1961.
• It provides add-on coverage which takes care of day to day medical expenses 
• A Critical illness rider cover provides coverage for most of the important diseases like Cancer, Heart Attack, Paralysis, Organ transplants of Heart Kidney and Pancreas, Coronary Artery Bypass surgery, Kidney failure & Stroke

Disclaimer:
The aforesaid article presents the view or an independent writer who is an expert on financial and insurance matters. PNB MetLife India Insurance Co. Ltd. doesn’t influence or support views of the writer of the article in any way. The article is informative in nature and PNB MetLife and/ or the writer of the article shall not be responsible for any direct/ indirect loss or liability incurred by the reader for taking any decisions based on the contents and information given in article. Please consult your financial advisor/ insurance advisor/ before making any decision.

PNB MetLife India Insurance Company Limited, Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka.
IRDAI Registration Number 117. CI No: U66010KA2001PLC028883. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale.
The marks “PNB” and “MetLife” are registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks.
Call us Toll-free at 1-800-425-6969. Phone: 080-66006969, Website: www.pnbmetlife.com, Email: indiaservice@pnbmetlife.co.in or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, Maharashtra. Phone: +91-22-41790000, Fax: +91-22-41790203
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