LIC’s Linked Accidental Death Benefit Rider (UIN 512A211V02) is an individual, linked life rider for ULIP plans that pays an extra lump sum if death is due to an accident.

Nature and attachment

• Type: Individual, linked life rider (for ULIPs only, e.g., Index Plus, Nivesh Plus, SIIP, Protection Plus where allowed).
• Purpose: Provide additional accidental‑death cover over and above the base ULIP’s death benefit, for a small extra charge.
• Attachment: Can be taken only with eligible linked (ULIP) base plans; for traditional plans LIC uses the separate Accident Benefit / AD&DB riders.

Benefit

• If the life assured meets with an accident while the rider is in force and dies within 180 days of that accident, solely and directly due to that accident, the nominee receives an additional amount equal to the Accident Benefit Sum Assured under this rider.
• This is paid over and above the base ULIP’s death benefit (Sum Assured/fund value etc.).
• No benefit is payable for non‑accidental (natural) deaths; then, only the base policy’s death benefit is paid.
• No maturity/surrender value arises under the rider; if the life assured survives the term, nothing is payable from this rider.

Eligibility and limits

From LIC‑aligned descriptions and calculators (use latest LIC rider brochure/CIS for compliance):

• Entry age:
  • Minimum: 18 years (completed).
  • Maximum: 65 years (nearer birthday).
• Maximum cover age: Rider generally available up to age 70 (nearer birthday) or up to base‑policy term, whichever is earlier (refer rider endorsement).
• When it can be added:
  • At inception, or
  • Later during PPT, provided at least 5 years of premium‑paying term remain on both base and rider.
• Accident Benefit Sum Assured:
  • Minimum: ₹10,000 (in multiples of ₹5,000).​
  • Maximum: Cannot exceed the Basic Sum Assured of the base ULIP; overall caps as per LIC norms across policies on same life.
• Rider term: Same as base policy term or lower, but not exceeding maximum cover age as per rider rules.
• Charges:
  • Rider charge is deducted as a mortality‑type charge from the unit fund (via unit cancellation) at regular intervals, separate from base plan charges.

Accident definition and exclusions

• Accident: Sudden, unforeseen, involuntary event caused by external, visible and violent means, leading to death within 180 days.
• Typical exclusions (no rider payout if death arises from):
  • Intentional self‑injury, suicide attempt.
  • Alcohol/drug influence (except prescribed medication).
  • Participation in riots, war, civil commotion, hazardous/adventure sports, racing, mountaineering, paragliding, parachuting etc.
  • Criminal acts with criminal intent.
  • Armed forces/military or active police duty accidents, unless specifically covered as per rider option.