What is Accidental Death Benefit?
A16. Accidental Death Benefit – In a life insurance policy, benefit in addition to the death benefit paid to the beneficiary, should death occur due to an accident. Accidental Benefits can also be extended to cover non-death benefits such as total or partial disability either permanent or temporary. There can be certain exclusions as well as time and age limits.
Related Questions
- How will I know if my policy includes extra coverages like accidental death, future increases in the death benefit, or covers other family members? Do these affect my settlement?
- What is covered by my Accidental Death and Dismemberment benefit?
- What is the definition of Accidental Death Benefit (ADB)?