Sentences with phrase «accidental death benefit clause»

If you should die in an accident the accidental death benefit clause provides that twice the death benefit will be paid.

You have the option of adding the accidental death benefit clause to any of these policies as well as the waiver of premium benefit.

Not exact matches

The accidental death benefit is payment due to the beneficiary of an accidental death insurance policy, which is often a clause or rider connected to a life insurance policy.

For this reason, insurance companies add the «Graded Death Benefit» clause to their final expense policies so that they can avoid insuring someone who is simply days away from dying from a natural cause (heart attack, cancer, stroke, etc, etc...) Now, since nobody can predict an accidental cause of death such as a slip and fall, motor vehicle accident, victim of crime, etc, etc... these types of deaths would be immediately covered without needing to survive beyond the 2 or 3 year waiting period (the graded death beneDeath Benefit» clause to their final expense policies so that they can avoid insuring someone who is simply days away from dying from a natural cause (heart attack, cancer, stroke, etc, etc...) Now, since nobody can predict an accidental cause of death such as a slip and fall, motor vehicle accident, victim of crime, etc, etc... these types of deaths would be immediately covered without needing to survive beyond the 2 or 3 year waiting period (the graded death beBenefit» clause to their final expense policies so that they can avoid insuring someone who is simply days away from dying from a natural cause (heart attack, cancer, stroke, etc, etc...) Now, since nobody can predict an accidental cause of death such as a slip and fall, motor vehicle accident, victim of crime, etc, etc... these types of deaths would be immediately covered without needing to survive beyond the 2 or 3 year waiting period (the graded death benedeath such as a slip and fall, motor vehicle accident, victim of crime, etc, etc... these types of deaths would be immediately covered without needing to survive beyond the 2 or 3 year waiting period (the graded death benedeath benefitbenefit).

This plan features an accident clause that allows you to add additional coverage for accidental death that will pay ON TOP OF the death benefit amount.

This may include accelerated death benefits, accidental death, terminal illness, or return of premium riders (to learn more, see Life Insurance: Are Accidental Death Clauses Necessadeath benefits, accidental death, terminal illness, or return of premium riders (to learn more, see Life Insurance: Are Accidental Death Clauses Neaccidental death, terminal illness, or return of premium riders (to learn more, see Life Insurance: Are Accidental Death Clauses Necessadeath, terminal illness, or return of premium riders (to learn more, see Life Insurance: Are Accidental Death Clauses NeAccidental Death Clauses NecessaDeath Clauses Necessary?).

The accidental death clause stipulates the pertinent details related to the benefits to be received following the accidental death of the policyholder.

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An accidental death clause is a stipulation in a life insurance policy that doubles or triples the death benefit to be given to a beneficiary in the event the policyholder dies due to unintentional or unforeseen causes.

Posted in insurance, life insurance, suicide clause Tagged accidental death and dismemberment, Afghanistan, contestability clause, contestable, death benefit, disability, inusrance, life insurance, material misrepresentation, suicide, suicide clause 6 Responses