Sentences with phrase «accidental death benefit policies only»

As the name implies, accidental death benefit policies only covers death in cases where death results from injury or accident.

Not exact matches

In addition, some mortgage protection policies will only pay a death benefit if you die from an accident, similar to accidental death insurance.

In an AD&D policy, benefits are available not only for accidental death but also for the loss of limbs or body functions such as sight and hearing.

Accidental death policies only pay out the death benefit you if you die as result of an accident.

On the other hand, Accidental Death and Dismemberment insurance consists of policies that only pay out a death benefit when the cause of death is not due to illness or what is generally considered natural caDeath and Dismemberment insurance consists of policies that only pay out a death benefit when the cause of death is not due to illness or what is generally considered natural cadeath benefit when the cause of death is not due to illness or what is generally considered natural cadeath is not due to illness or what is generally considered natural causes.

• Return of Premium (for term policies only) • Waiver of Premium • Critical Illness Rider • Disability Income Rider • Guaranteed Insurability Rider • Accelerated Death Rider • Accidental Death Benefit Rider • Child Protection Rider

Apart from this, if the insured owns a joint term insurance policy, then only one death payout is offered under the policy, even in the case of accidental death of both the insured persons, only one death benefit is payable to the beneficiary of the policy.

In addition, some mortgage protection policies will only pay a death benefit if you die from an accident, similar to accidental death insurance.

Both accidental death and disability benefit have been clubbed and they can be taken by the policy buyer but only before 5 years tenure of policy paying.

Accidental death policies only pay out the death benefit you if you pass away as result of an accident.

Accidental death insurance policies only pay out a death benefit if your death occurs because of an accident.

If the policy includes an active accidental death rider, not only does the policy pay the face amount death benefit, but it is doubled.

Please note: Guaranteed issue / approval life policies usually provide accidental death coverage immediately, but they will only pay out the full death benefit if the insured passes away from a medical issue after a two year waiting period.

However, if policy benefits include an accidental death benefit rider, except this additional benefit, only the base insured sum assured will be payable.

A graded policy is where a death benefit is received only if the death is accidental and in the first two years.