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The ATPD or the Accident total and permanent disability rider offer financial assistance to the life assured in case they suffer from a total and permanent disability that is caused during an accident. ATPD riders can easily be added to the base term plan to enhance its coverage. This accidental disability insurance rider can be added to base term insurance plans at minimal premiums and offers several benefits.
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The ATPD, or the accidental total and permanent disability benefit rider, is an important term insurance rider that offers financial protection to the policyholder in case of a total and permanent disability caused due to an accident during the policy term. The rider sum assured is usually an additional benefit amount paid to the policyholder while the base term plan continues as normal. Most insurers have a waiting period (usually 180 days after the accident) after the accident, during which if the policyholder is termed as totally and permanently disabled, only then will he/she be able to claim the rider sum assured.
Term Plans
Here is a list of reasons why you might want to add the accidental disability rider to your base term insurance plan:
Coverage Against Specific Risks: Accidents are unpredictable and can happen to anyone at any time, leaving the person unable to continue his/her job due to the accidental disability. The ATPD rider can financially protect you, specifically against accidental disabilities that can happen during the policy term.
Peace of Mind: The accidental total and permanent disability rider provides the policyholder with the peace of mind of knowing their financial condition in case of an accidental disability will be stable with the additional benefit amount.
Income Replacement: The benefit amount received from the accidental total and permanent disability rider can help replace the loss of income in case of a job loss due to the accidental disability. The policyholder can then use the amount to take care of his/her monthly expenses.
Pay the Hospital Bills: The hospital bills for the treatment of accidental disability are not cheap, and thus, the benefit amount payable can be used to pay off the piling hospital bills and medical costs.
Enhance Total Coverage: If you already have an existing health and life insurance policy but still feel the benefit amount might not be enough to cover your financial needs in case of an accidental disability, you can add the ATPD rider to the base plan to enhance the plan’s coverage.
Let us take a look at how the accidental disability insurance rider can benefit your family:
Enhanced Financial Protection: The ATPD rider provides the policyholder with enhanced financial protection on top of the base term insurance, which helps the policyholder get comprehensive coverage within the same plan.
Affordable Premiums: The accidental total and permanent disability rider is available at really low premiums offering coverage for a long term, and can be added at the time of policy purchase or at a policy anniversary as per the policy’s T&Cs.
Tax Benefits: The policyholders can claim term insurance tax benefits under sections 80C, 80D, and 10(10D) of the Income Tax Act as per the prevailing tax laws.
Secure your Savings: With an accidental total and permanent disability rider in place, the policyholder will not have to worry about draining their savings in case of an accidental eventuality.
Easily Available: The ATPD rider is easily available within the term insurance plans in India and can be added to the base plan easily at nominal premiums.
Waiver of Premiums: Most insurers also offer the waiver of premium rider in term insurance plans that waive off the remaining premiums for the term insurance plan in case the policyholder loses his/her job due to an accidental total and permanent disability during the policy term.
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Here is how you can buy the ATPD rider with term insurance plans in India:
Step 1: Go to the term insurance form page
Step 2: Enter the name, gender, date of birth, and mobile number
Step 3: Fill in the smoking, annual income, educational qualifications, and occupation type information
Step 4: Select the suitable plan that offers the accidental total and permanent disability benefit rider
Step 5: Proceed to pay
Note: Know what is term insurance first and then buy a term plan for your loved ones.
Note: It is suggested to calculate the term plan premium on the term insurance calculator online tool by Policybazaar before buying the plan.
Here is a list of documents required to file for the accidental total and permanent disability benefit rider in term insurance:
Original policy documents
Duly filled claims form
Photo and Address Proof
FIR documents
Driver’s licence of the policyholder
To make a claim, you must follow the below steps:
Inform the insurer: Notify your insurance provider immediately on its toll-free number and later inform it in writing. Written notice must be given within one month of the loss or amputation of limbs.
Document Submission: You must provide all information, evidence, and certificates from a medical practitioner or any other documentation (required by your insurance provider) to your insurer.
Claim Processing: The insurer will examine and verify details sent by you regarding a claim under the policy.
The ATPD rider covers the following cases of accidental total and permanent disability due to the following reasons:
| S.No | Permanent Total Disability |
| 1 | Loss of two limbs |
| 2 | Loss of sight in both the eyes |
| 3 | Loss of one limb and an eye |
Death due to Suicide
Overdosing on Drugs or Alcohol
Participating in Criminal Activities
Participating in Wars and Riots
Disability After the waiting period of the accident i.e. 180 days
Self-inflicted injuries
In conclusion, an accidental total and permanent disability benefit rider is an insurance add-on that provides coverage specifically for total and permanent disabilities resulting from accidents. It offers several benefits, including enhanced protection, income replacement, peace of mind, and affordability. By adding an ATPD rider to your term insurance, you can have additional coverage to ensure your and your family’s financial stability in case of your accidental disability. However, it's important to carefully review the T&Cs of the rider and consult with your financial advisor before making a decision.
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
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