Sentences with phrase «double accident benefit»

Can I add the double accident benefit to my existing life insurance policy?

This additional amount is equivalent to the basic sum assured and, hence, the term double accident benefit.

What is a double accident benefit?

Double accident benefit usually refers to a benefit in case of accidental death, whereby the claimant gets an additional amount over and above the sum assured.

Not exact matches

The accidental death benefit rider (called a double indemnity rider) increases the death benefit, if you die as the result of an accident.

However, the basic explanation of an AD&D rider is that if you die as a result of an accident, the life insurance company will double the original death benefit of your policy.

This rider doubles the face value death benefit of your policy in the event that your death is the result of an accident.

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The Visa Signature card carriers many additional benefits, including higher travel accident insurance ($ 1,000,000), Three one - way upgrade coupons per year, a coupon for 20 % off a LATAM purchase for up to $ 1,000, a 20,000 - kilometer sign - up bonus, a 4,000 - kilometer annual renewal bonus and double miles and LATAM purchases.

The Subrogation Agreement is largely meant to guard against an injured party from «double - collecting» for benefits received for his accident related injuries from more than one insurance company.

Double Indemnity This term, no longer in common usage, refers to an accidental death benefit, which may pay a multiple (often double) of the stated death benefit if death results from an accDouble Indemnity This term, no longer in common usage, refers to an accidental death benefit, which may pay a multiple (often double) of the stated death benefit if death results from an accdouble) of the stated death benefit if death results from an accident.

If you were to pass away unexpectedly as a result of an accident, the amount of your death benefits can be doubled with an accidental death benefit rider.

However, the basic explanation of an AD&D rider is that if you die as a result of an accident, the life insurance company will double the original death benefit of your policy.

There is a Double Death benefit or Permanent Total Disablement Benefit, in which there is payment of double benefit (200 % of the Sum Insured) for the death or the Permanent Total Disablement due to the accident while travelling as a passenger on public traDouble Death benefit or Permanent Total Disablement Benefit, in which there is payment of double benefit (200 % of the Sum Insured) for the death or the Permanent Total Disablement due to the accident while travelling as a passenger on public trbenefit or Permanent Total Disablement Benefit, in which there is payment of double benefit (200 % of the Sum Insured) for the death or the Permanent Total Disablement due to the accident while travelling as a passenger on public trBenefit, in which there is payment of double benefit (200 % of the Sum Insured) for the death or the Permanent Total Disablement due to the accident while travelling as a passenger on public tradouble benefit (200 % of the Sum Insured) for the death or the Permanent Total Disablement due to the accident while travelling as a passenger on public trbenefit (200 % of the Sum Insured) for the death or the Permanent Total Disablement due to the accident while travelling as a passenger on public transport

Double Sum Insured benefit is provided if the insured person is diagnosed with 14 specified illnesses and any accident

If you die as a direct result of an injury due to a covered accident, the death benefit paid to your beneficiary will be doubled.

The accidental death benefit rider (also called a double indemnity rider) increases the death benefit if you die as the result of an accident.

Most policies allow you to get an accidental death benefit rider, which for example would double your coverage if your death was caused by an accident.

Accidental death benefit insurance is not usually included in a basic life insurance policy, so adding it to a standard policy as a rider will likely result in a somewhat higher premium; however, it will pay double the amount of the regular death benefit if the insured dies in an accident.

If you had a policy like that but wanted increased coverage for accidents, you can get an accidental death benefit rider, and oftentimes, you can get up to double your coverage for accidents.

The amount of the benefit will double to the amount of $ 250,000 for common carrier accidents.

Therefore, in this type of plan, the life insurance benefit payout would essentially be doubled if the insured dies as the result of a covered accident.

A provision in certain life insurance policies (also known as an accidental death benefit) that pays double the death benefit to a beneficiary if the insured dies in an accident or in another way as specified by the policy.

This rider doubles the face value death benefit of your policy in the event that your death is the result of an accident.

Because of most people are familiar with the phrase double indemnity the accidental death rider is thought to be one that provides double the death benefit of your policy in the event of death resulting from an accident.

Other value addition benefit includes Double Accident benefit which offers an additional benefit equal to sum assured shall be payable if death is caused within 180 days of any bodily injury sustained directly and solely from an accident

For instance, if it includes an accident rider, the death benefit payable may be double the face amount.

As per the accidental death benefit rider, the death of the person due to accident offers the double of the assured amount.

It's often noted as being a double indemnity and raises the death benefit should you die in an accident.

Normally, the additional benefit paid out upon death due to accident is equivalent to the face amount of the original policy, which doubles the benefit.

If you add this rider to your policy, your death benefit will be double, if you die as a result of an accident.

In case of death death to accident, the benefit is doubled, that is, Rs 1 crore.

In the event that you pass due to an accident, the amount of the Life Benefit automatically doubles.