Accidental life insurance death is limited, which is designed to cover the insured when they pass away due to an accident. Accidents include anything injury, but typically cover any deaths resulting from health problems or suicide. Because they only cover accidents, these policies are much cheaper than life time.
It is also often offered as \\, accidental death and dismemberment , also known as an development policy. In AD development policy, benefits are available not only in the event of accidental death, but also loss of limbs or bodily functions such as sight and hearing, etc.
Accidental death and policies very rarely pay a benefit, the cause of death is not covered, or coverage n n is not maintained after an accident, until to , death. To be aware of what the coverage they have, an insured should always review their policy for this that it covers and what it excludes. Often it does not cover begins insured risk in activities such as skydiving, flying an airplane, professional sports, or ; involvement in a war (military or not). In addition, some insurers exclude death and injury caused by proximate causes due to (but not limited to) racing on wheels and mountaineering.
Accidental death benefits can also be added to a policy of Standard Life as a rider. If this rider is purchased, the policy will generally pay double the face amount if insured dies in an accident. This habit of be commonly known as double indemnity coverage. In some cases, some companies may even offer a triple indemnity cover.
