Insurance Riders at Panin Dai-ichi Life: Options Explained
Insurance riders add extra benefits to a base policy. See the riders Panin Dai-ichi Life offers, from accidental death cover to critical illness protection.
A rider is an additional benefit attached to an insurance policy. Insurers usually offer additional benefits on their policies because they know that people's needs differ. With a range of riders to choose from, customers can pick the ones that fit their own needs.
These additional benefits can be attached to a basic policy. That makes the protection more varied while keeping the cost, or premium, low for the customer. One insurer that offers additional benefits on its insurance products is Panin Dai-ichi Life. The company works to give its customers the best insurance service by understanding their needs, both now and in the future. Below are the riders available at Panin Dai-ichi Life that you can choose from:
Contents
Accidental Death & Dismemberment
This additional insurance product attaches to a life insurance policy. It protects against death or permanent disability caused by an accident. Its main benefit is a payout when the insured person dies: the sum assured is increased by 100%. Coverage applies to accidents, including those that happen while traveling on public transportation, in a public elevator, or in a fire in a public place. If the insured person suffers permanent disability, the insurer pays a percentage of the sum assured, adjusted to the condition of the disability. This rider can be added to Multilinked Syariah, Premier Ultimalinked, Panin Premier Maxilinked, Premier Multilinked Syariah and Panin Premier Multilinked.
Major Medical Benefit
Another rider, or additional insurance, is Major Medical Benefit. This insurance rider is designed specifically for Medical Benefit 8 or Medical Benefit 9. It raises the maximum additional benefit per year to 300%. It can be added to Panin Premier Maxilinked, Panin Premier Multilinked and Premier Multilinked Syariah.
Smart Crisis Cover
Another additional benefit you can choose is Smart Crisis Cover. It protects you against critical and chronic illnesses that could strike in the future. You can add it to the policy of the main insured person, their spouse, their children or their parents. The benefit is a payout if the person covered by the rider is diagnosed with one of 39 critical illnesses for the first time. This rider can be added to Multilinked Syariah, Premier Multilinked Syariah, Panin Premier Maxilinked and Panin Premier Multilinked.
Hospital Cash and Surgical
If you want additional benefits for daily hospitalization allowance and surgery, you can add this rider to your policy. It pays a hospitalization allowance for up to 90 days per year. It also pays a daily allowance for intensive care unit (ICU) stays, up to 45 days per year. The Panin product also provides a benefit for surgical procedures, and you can add it to Multilinked Syariah, Premier Multilinked Syariah, Panin Premier Maxilinked and Panin Premier Multilinked.
With so many additional benefits from Panin Dai-ichi Life insurance, your need for life protection can be met. To get these additional benefits, you must first sign up for a basic policy. To become a basic policy customer at Panin Dai-ichi Life, you can contact an insurance agent or register at the nearest Panin Dai-ichi Life office. Only after you have signed up for the basic policy can you add these riders to it. If you want to know more about insurance products, you can open the link here.
