Not exact matches
If you
die as the direct
result of a vehicular, air, or sea accident that you did not deliberately cause, your
insurer will pay your beneficiary the accidental death benefit, which is normally twice the value of your insurance policy's face value.
(1) The
insurer shall pay a death benefit in respect of an insured person who
dies as result of an accident,
(1) The
insurer shall pay a death benefit in respect of an insured person if he or she
dies as result of an accident,
(1) If,
as a
result of an accident in another province or territory of Canada or a jurisdiction in the United States of America, a person insured in that jurisdiction
dies or sustains an impairment or incurs an expense described in section 14, 15 or 16, the
insurer shall pay,
as the person may elect,
Most
insurers will, however, pay the full benefit if you
die as a
result of an accident.
For example, if you caused an accident
resulting in injuries, your auto
insurer would pay for medical care under the liability portion of your policy.Life
insurers,
as the name implies, pay a specified, pre-agreed upon amount (called the death benefit or face amount) if you
die while the policy is in force.
This exclusion states that the
insurer is not liable to pay if the life insured
dies as a
result of the war.