This illustration also includes
double accidental benefit which gives the nominee an extra amount equal to sum assure in case of accidental death.
Double Accidental benefit with rider.
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.
4
Accidental Death Benefit Rider doubles the insurance proceeds payable when death occurs prior to age 65 as a result of accidental bodi
Accidental Death
Benefit Rider
doubles the insurance proceeds payable when death occurs prior to age 65 as a result of
accidental bodi
accidental bodily injury.
Some examples include
accidental death
benefit, which pays
double the face amount for
accidental deaths, and child term rider, which adds coverage to the child of the insured.
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 acc
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 acc
double) of the stated death
benefit if death results from an accident.
Accidental death benefits — doubles or triples the benefit in the case of death by accide
Accidental death
benefits —
doubles or triples the
benefit in the case of death by
accidentalaccidental means
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.
Accidental death
benefit coverage
doubles over 20 years.
The
benefit is
doubled, up to $ 500,000, if the
accidental death happens on a common carrier such as an airplane
With additional premium feature, this policy gives you the opportunity to avail the
benefit of
double accidental imbursement.
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.
The
Accidental Death
Benefit Rider is also referred to as the famous
Double Indemnity rider which I am sure most everyone has heard of.
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.
In other words, the 50 - year - old male who purchased his $ 100,000 policy for $ 1248 could
double the amount of coverage to $ 200,000 total death
benefit for just $ 1351 per year and the full $ 200,000 would pay out in the event that he were to die from an
accidental death.
Common carrier
benefits will pay
double the
accidental death
benefit if death occurs while riding as a fare - paying passenger on a common carrier such as a boat, bus or airplane
One can also opt for a so - called
accidental death policy / rider on top of a life insurance policy, so that in case of an
accidental death both
benefits will be paid; this is called «
double indemnity».
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.
Accidental death riders are commonly called
double indemnity policies because they provide
double the death
benefit payout or up to twice or triple the face value of the policy.
Renewal Provision Spouse and Children's Insurance Rider Withdrawal Provision
Accidental Death or
Double Indemnity Rider Waiver of Premium Rider Family Income
Benefit Rider Renewal Provision (a.k.a. Guaranteed Insurability Rider) When included in your life insurance policy, this provision guarantees the policy's renewability at the end of its term.
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.
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.
Accidental death
benefit riders are also referred to as «
double indemnity» when the additional amount of
benefit payout is equal to the original death
benefit amount, causing your carrier to pay out
double your original death
benefit.
As per the
accidental death
benefit rider, the death of the person due to accident offers the
double of the assured amount.
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.
It will increase your monthly premium; however it will pay at least
double the death
benefit to your beneficiaries if you die an
accidental death, or are disabled due to the loss of limbs or eyesight.
If the policy includes an active
accidental death rider, not only does the policy pay the face amount death
benefit, but it is
doubled.
Then if it has a
Double Accident Benefit (DAB) rider then, in case of your accidental death, the nominee would get double the SA i.e. Rs. 2
Double Accident
Benefit (DAB) rider then, in case of your
accidental death, the nominee would get
double the SA i.e. Rs. 2
double the SA i.e. Rs. 2 crore.
Insurance providers are offering additional
benefit for
Accidental death which pays
double the money.
Although you will need to pay a higher premium for having the rider attached to your whole life policy, it can provide you with the peace of mind that the death
benefit will be
doubled for
accidental death.
Various Add - on covers are available to enhance policy coverage on payment of additional premium which are
Accidental Hospitalization Expenses,
Accidental Hospital Daily Cash, Child Education Support
Benefit, Life Support
Benefit, Loan Protector, Broken Bone Modification of Vehicle / Residence, Family Transportation
Benefit, Outstanding Bills Protection
Benefit, Ambulance Hiring Charges, Legal Bail Expenses and
Double Indemnity.
Your family and their future are offered protection through a Life
Benefit of up to 1,500, 000 and an
Accidental Death
Benefit that
doubles up to 3,000,000.