Can I take accident riders on my existing policies. Many of my policies are more than 10 years old. How is the payment to be made for accident riders : one time or every year. Is the compensation for accident riders related to our income as in PA policies.

I feel that the compensation that a personal accident policies provide (60 to 72 times our monthly income) is too less . How can we create more accident cover ?

In case if we take accident riders on our base LIC polices as well as a PA policy will the insurance companies pay proportionately or the claims to both of them are independent of each other.

Are the accident riders premiums also linked to our monthly income.

Hope to see a lot of responses and many thanks in advance for the same.


Regards,

Veerendra Darakh

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