When it comes to safeguarding employees or customers of any affinity group, there is an increasing requirement to provide cost-effective protection against a variety of dangers on a global scale.

Axis Max Life Group Accidental Death Benefit Premier Rider (UIN: 104B024V04) helps you protect your group members in case of death of the life insured due to any sudden accident.

"Accident" is a sudden, unforeseen, and involuntary event caused by external, visible, and violent means. "Accidental Death" shall mean death:

• which is caused by Bodily Injury resulting from an Accident and
• which occurs due to the said Bodily Injury solely, directly, and independently of any other causes and
• which occurs within 180 days of the occurrence of such Accident but before the expiry of the cover

The following are the criteria and key details of Axis Max Life Group Accidental Death Benefit Premier Rider

The following some general conditions corresponding to Axis Max Life Group Accidental Death Benefit Premier Rider:

• Policyholder is required to inform the Company of any change in the occupation, profession, or hobbies of the Member(s), occurring during the term of this Rider, failing which the Company may decline the Benefits in case the Death by Accident arising out of such changed occupation, profession, or hobbies, subject to section 45 of the Insurance Act 1938, as amended from time to time.
• "Bodily Injury" means Injury must be evidenced by external signs such as contusion, bruise, and wound except in cases of drowning and internal injury.
• The plan is a one-year contract and can be renewed at the premium rates, terms and conditions mutually agreed by the Master Policyholder and Axis Max Life Insurance Ltd.
• Premiums can be paid annually, half-yearly, quarterly, or monthly.
• A grace period of 30 days from the due date for payment of each premium will be allowed for semi-annual and quarterly modes, but for the monthly mode, a grace period of only 15 days will be allowed.
• Specimen Premium Rates for 1 Lakh Rider Sum Assured per annum is 39.00 for the Employees involved in the professional/ Managerial/ Clerical and Administrative Staff.
• All Premiums are subject to applicable taxes and levies, including taxes and cesses, which shall be to the account of the Policyholder and shall be recovered following the prescribed procedure.

Benefits under this rider will be payable in case of death due to the accident of the life insured, except if Death by Accident occurs from, or is caused by, either directly or indirectly, voluntarily or involuntarily, by any of the following:

• Intentional self-inflicted injury, suicide, or attempted suicide, while sane or insane
• Insured person is under the influence of drugs, alcohol, narcotics, or psychotropic substances unless taken in accordance with the lawful directions and prescription of a registered medical practitioner
• Failure to seek or follow medical advice
• War, invasion, act of a foreign enemy, hostilities (whether war be declared or not), armed or unarmed truce, civil war, mutiny, rebellion, revolution, insurrection, military or usurped power, riot or civil commotion, strikes
• Taking part in any naval, military, or air force operation during peace time
• Participation by the insured person in any flying activity, except as a bona fide, fare-paying passenger of a recognized airline on regular routes and on a scheduled timetable
• Participation by the insured person in a criminal or unlawful act with criminal intent
• Any injury incurred before the effective date of the cover
• Engaging in or taking part in professional sport(s) or any hazardous pursuits, including but not limited to diving, sky diving, or riding or any kind of race; underwater activities involving the use of breathing apparatus or not; martial arts; hunting; mountaineering; parachuting; bungee-jumping
• Nuclear Contamination; the radioactive, explosive, or hazardous nature of nuclear fuel materials or property contaminated by nuclear fuel materials or an accident arising from such nature