Sentences with phrase «consider accidental death coverage»

Not exact matches

This just means that, in the case that you died during the first 2 years of coverage, unless your passing was considered to be an accidental death by the insurer your beneficiaries would only receive a minor payout (the sum of your premium payments with 7 % interest compounded annually).

Now it's easy to see how not being covered for «natural» causes of death would be a HUGE disadvantage, but when considered in light with the fact that these policies will generally provide coverage up to $ 500,000 dollar for accidental causes of death, and are typically quite affordable when compared to traditional term or whole life insurance policies, in many situations, they may be a worthwhile policy to consider.

Accidental death is the fifth - leading cause of death across all age groups according to the CDC, so there are a lot of reasons to add it to your existing Term, Whole Life, or Universal Whole Life policy, or consider getting stand - alone coverage.

Therefore, there are many potential candidates who might want to consider accidental death life insurance coverage.

You have to consider on accidental death and child coverage if you are a rider.

This just means that, in the case that you died during the first 2 years of coverage, unless your passing was considered to be an accidental death by the insurer your beneficiaries would only receive a minor payout (the sum of your premium payments with 7 % interest compounded annually).

You can consider this as additional accidental death insurance coverage.

For example, you may also want to consider an accidental death and dismemberment policy as an addition to your life insurance coverage.