CB Protect Rider
Health Insurance Policy
CB Protect Rider
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CB Protect Rider
The CB Protect Rider helps safeguard your earned Cumulative Bonus (CB) by ensuring that eligible small claims do not reduce your accumulated bonus under the base health insurance policy.
Key Features & Benefits
- Bonus Protection: Claims up to 10% of the Sum Insured (excluding Health Check-up and Critical Care Benefit claims) will not reduce the accumulated Cumulative Bonus.
- Continued Bonus Growth: If no claim is made during the policy year, the Cumulative Bonus continues to increase as per the base policy terms.
- Mid-term Addition: The rider can be added mid-term only for a newly married spouse or newborn baby by paying the applicable pro-rata premium.
Renewal Scenarios
| Scenario | Impact on Cumulative Bonus |
|---|---|
| No claim during the policy year | Cumulative Bonus increases as per the base policy. |
| Claim up to 10% of Sum Insured | Cumulative Bonus remains unchanged and is not reduced. |
| Reduction in Sum Insured at renewal | Existing bonus percentage is applied to the revised Sum Insured. |
| Enhancement of Sum Insured at renewal | Existing bonus percentage applies to the previous Sum Insured. Bonus on the enhanced portion starts from zero. |
Eligibility & Availability
- Available only with the UPLIFT Plan of:
- New India Mediclaim Policy
- New India Floater Mediclaim Policy
- Applicable for policies with Sum Insured of ₹25 Lakhs and above.
- Entry age is the same as the Base Policy.
- Available for long-term policies.
Important Note
- The rider can be opted in or out only at the inception or renewal of the Base Policy, except for mid-term inclusion of a newly married spouse or newborn baby.
- Standard terms, conditions, and exclusions of the Base Policy apply unless specifically modified by this rider.
UIN: NIAHLIA27005V012627
