Sentences with phrase «of the accidental death policy»

There are two types of accidental death policies.

Accidental death benefit rider: You can add additional coverage in the form of an accidental death policy.

As you can see, these exclusions significantly limit the payout scenarios of accidental death policies.

However, if you engage in high risk activities, you might want to read the fine print of the accidental death policy and make sure the policy covers hazardous activities, i.e. skydiving, rock climbing, and bungee jumping.

It contains what are called «Living Benefits» which will pay out a portion, if not all, of the overall death benefit in the event of a «qualifying» catastrophic injury — the dismemberment portion of the accidental death policy, which covers loss of limb and paralysis.

The annual cost of an accidental death policy is a fraction of the annual premium associated with most other versions of life insurance.

Not exact matches

This means that you can purchase a significant amount of accidental death insurance for a much lower premium than you would pay for a traditional life insurance policy.

Accidental death policies typically have restrictions regarding high - risk activities, such as scuba diving or skydiving, and won't pay an accident occurs during one of these.

Morral and his colleagues reviewed existing research on 13 types of gun policies, including concealed carry laws and waiting periods, and their impact on health, and safety, including mass shootings, suicides and accidental deaths.

If you buy an accidental death and dismemberment rider, decide whether the likelihood of dying accidentally justifies the insurance premiums you must pay for the policy.

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.

Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in fDeath Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in fdeath of the Life Insured due to an accident subject to the rider policy being in force.

If you live in New York, Globe Life offers accidental death coverage, but it's an entirely different policy in terms of its structure.

A return - of - premium rider refunds premiums at the end of a policy term, but you might be better off having invested that money; waiver - of - premium, accidental death, or child coverage riders are also usually not worth the extra price.

This means that you can purchase a significant amount of accidental death insurance for a much lower premium than you would pay for a traditional life insurance policy.

Accidental death policies typically have restrictions regarding high - risk activities, such as scuba diving or skydiving, and won't pay an accident occurs during one of these.

Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in - fDeath Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in - fdeath of the Life Insured due to an accident subject to the rider policy being in - force.

Optional Riders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as riders.

Benefits increase 5X in case of accidental death If you die as the result of an accident (as defined in your policy) before age 85, your beneficiary will be eligible to receive five times your coverage amount.

i am 35 year old with a family of three, me, spouse and baby Policy term; 30 year life cover: 1,00, oo, 000 accidental death benefit: 63,00,000, Critical illness benefit 10,00,000 Total premium for this plan is 18,332.

Also, don't buy riders such as Accidental Death or Waiver of Premium on any life insurance policies.

The policy starts as a hybrid of two coverage types — a level premium term life policy and an accidental death policy.

An Accidental Death and Dismemberment (AD&D) life insurance policy rider may provide you with the peace of mind you need in the event the unexpected happens.

Several types of riders are available for simplified issue Whole Life Policies, including Accidental Death, Waiver of Premium, and Child Term Riders.

Should you decide to add an accidental death rider to your policy, be sure that you carefully review the list of covered accidents that the rider will apply to.

Return of Premium and Waiver of Premium riders can be added to the policy, as well as Dependent Child and Accidental Death.

Additional optional benefits and riders that can be available with the Amica level term life insurance policies include the waiver of premium, the children's insurance rider, and an accidental death benefit rider.

Policies can be customized with riders such as children's term rider, accidental death benefit, disability waiver of premium and more to suit your individual needs.

Accidental Death Benefit — In case of a death due to accident, the PA policy would pay 100 % Sum Assured to the nominee / beneficDeath Benefit — In case of a death due to accident, the PA policy would pay 100 % Sum Assured to the nominee / beneficdeath due to accident, the PA policy would pay 100 % Sum Assured to the nominee / beneficiary.

The worry of being killed in a car crash, however remote the possibility, results in the decision to divert part of the purchase toward an Accidental Death policy.

Nothing in this section is intended or shall be construed to apply to any accident insurance policy insuring against accidental death or death by accidental means or to those parts or provisions of any life insurance policy insuring specifically against accidental death or death by accidental means.

Accidental death life insurance is an insurance policy that pays out benefits to your beneficiary in the event of accidental death of thAccidental death life insurance is an insurance policy that pays out benefits to your beneficiary in the event of accidental death of thaccidental death of the insured.

This rider offers an accidental death benefit that is equal to the policy's face amount — and pays out in addition to the whole life insurance benefit if the insured dies as the result of a covered accident.

Pays a death benefit in addition to the death benefit of the base policy, if such death resulted from certain accidental injuries

This rider can provide an additional amount of death benefit coverage to the policy beneficiary if the insured dies due to accidental injuries that occur while he or she is riding as a fare - paying passenger on a common carrier, such as an airplane, a bus, or a train.

Several types of riders are available for simplified issue Whole Life Policies, including Accidental Death, Waiver of Premium, and Child Term Riders.

Accidental Death Benefit Rider — Should you die accidently, this rider will provide you with an «additional death benefit» on top of the amount of death benefits you have selected for your original poDeath Benefit Rider — Should you die accidently, this rider will provide you with an «additional death benefit» on top of the amount of death benefits you have selected for your original podeath benefit» on top of the amount of death benefits you have selected for your original podeath benefits you have selected for your original policy.

Depending on the issuer of the policy, the accidental death benefit may extend up to a year after the initial accident occurred, so long as the accident led to the insured's death.

In fact, they will most likely receive nothing, unless your accidental death occurs as a result of the policy's definition for «accidental death».

However, for around the same price as an AD&D policy, you can purchase an accidental death policy with a return of premium rider.

You can customize your policy with options and riders such as Waiver of Premium, Accidental Death, and Children's Insurance.

But with Accidental Death Insurance or an Accidental Death and Dismemberment policy (AD&D Insurance), you can financially protect you and your family from the unexpected effects of being in a serious or fatal accident.

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.

Benefits increase 5X in case of accidental death If you die as the result of an accident (as defined in your policy) before age 85, your beneficiary will be eligible to receive five times your coverage amount.

While pays the full death benefit from the beginning of the policy, the latter will pay a smaller benefit if you happen to die within the first two years (other than accidental death).

Another benefit to obtaining this type of life insurance policy is that many accidental death insurance policies are very affordable.

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.

In order for death to qualify as an accident, the death must occur while the policy is in force and within 180 days (90 days in Florida) following the date of the accidental injury as defined further by the policy.

Because of this, accidental death policies should be discussed when reviewing your insurance and mortgage protection needs.

• Accidental Death Benefit Rider — If you should die as a result of a covered accident, additional death benefits are payable equivalent to the face value of the policy (minimum amount must be $ 25,000) and will be payable to a maximum of $ 250Death Benefit Rider — If you should die as a result of a covered accident, additional death benefits are payable equivalent to the face value of the policy (minimum amount must be $ 25,000) and will be payable to a maximum of $ 250death benefits are payable equivalent to the face value of the policy (minimum amount must be $ 25,000) and will be payable to a maximum of $ 250,000.