When critical illness rider benefit is payable?

When the life insured dies of a critical illness

When the insured is diagnosed with critical illness

When the life insured is diagnosed with a illness not covered under the policy

When the life insured assigns his critical illness rider benefit also in favour of assignee

When critical illness rider benefit is payable? Correct Answer When the insured is diagnosed with critical illness

A critical illness rider makes living benefits payable to the insured for medical expenses prior to death.Generally, the extra cover is equal to the sum assured on the base policy and is paid upon diagnosis of the illness.

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When critical illness rider benefit is payable?

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