What Is Accidental Death Insurance. This policy is usually recommended for those who work or live in hazardous places as it eases the financial losses a beneficiary might encounter due to the accident that results in. Whereas, an accidental insurance policy offers death cover even if the insured dies instantly or within the specific time frame after the accident.
Accidental death insurance coverage and exclusions. 1 to help cover all your bases, an accidental death benefit added to your life insurance policy can help with costs associated with a fatal accident. Accidental death benefits may be found as part of a regular life insurance policy or as a separate contract.
It also pays benefits for covered injuries caused by an accident, including loss of eyesight, hearing, or speech, or the loss of a hand, foot, eye, thumb or index finger.
You can use this money to cover any expenses you have while you focus on recovery. Accidental death benefits may be found as part of a regular life insurance policy or as a separate contract. An accidental death policy offers protection when the insured dies as a result of an accident. 1 to help cover all your bases, an accidental death benefit added to your life insurance policy can help with costs associated with a fatal accident.