Are all riders valid till the end of the policy term?
13 Jan, 2022
by Archie
Do riders have their specific validity that is different from the base policy validity? How do I check this? The rider brochures do not mention anything.
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Yes , riders are independent products and have different validity from the base product .
Each rider need to be renewed each year like your base plan .
You are given seperate schedule for rider where you can check the validity period .
Critical illness is valid for 5 years and premiums are revised after 5 years .
Accidental rider premiums are common but expire at age 60 .
Hope this clarifies
Shailesh
Insurance Samadhan