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Accident Benefit Rider

Doubles the payout on accidental death

A simple rider that adds an accidental death sum assured on top of the base policy claim.

Who it suits: Buyers who want accident cover without disability provisions.

  • Riders
  • Doubles the payout on accidental death
  • Pure Protection

LIC plan reference: UIN 512B203

LIC Accident Benefit Rider riders illustration

Eligibility at a glance

Entry age
18 to 70 years
Maturity age
Up to 75 years (plan dependent)
Sum assured
Up to the base sum assured
Policy term
Same as base plan
Premium modes
Yearly, half-yearly, quarterly, monthly (NACH) and salary savings scheme

Key benefits

  • Accidental death benefit equal to the rider sum assured
  • Available with most savings plans
  • Nominal premium
  • Can be added at inception or on a policy anniversary

Estimate your Accident Benefit Rider premium and maturity value

LIC Premium & Maturity Calculator

Estimates from publicly published LIC rate tables. Not a quotation.

Yearly premium
₹1,200
First instalment
₹1,200
Renewal instalment
₹1,200
Total outgo over the term
₹24,000

This is a pure risk plan — there is no maturity or surrender value.

Get an exact LIC quotation

Figures exclude underwriting loading and high sum assured rebates. Bonus-linked maturity values are projections, not guarantees.

Want an exact LIC illustration?

Your estimate is ready. For an official quotation and a suitability discussion on Accident Benefit Rider:

This plan may not be ideal if…

  • You need the maximum possible life cover for the lowest premium — a term assurance plan does that better.
  • You may need the money back within the first few years; early surrender values are low.
  • You want a maturity payout — this plan pays only on death during the term.
  • Your income is irregular and you cannot commit to the full premium paying term.

Frequently asked questions

Get advice on Accident Benefit Rider

Send your age and budget and you will get an official LIC quotation plus an honest view on whether this plan is the right fit.

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This page describes Accident Benefit Rider in our own words, based on LIC's published product literature. For the binding terms, always refer to the official policy document issued by Life Insurance Corporation of India.