If a person who is insured by a life insurance policy dies from an accident, will the life insurance pay out the death benefit?
Yes, accidental death is a covered cause of death under a standard life insurance policy.
Life insurance covers death from natural causes and accidental death.
Life insurance does not cover intentional acts which result in death. However, there is a two year exclusion for suicide (one year in some states).
There is also an accidental death rider you can add to your life insurance policy which pays out double indemnity (twice the death benefit) for death resulting from an accident.
Find out more about Will Life Insurance Cover Accidental Death?
Yes, accidental death is a covered cause of death under a standard life insurance policy.
Life insurance covers death from natural causes and accidental death.
Life insurance does not cover intentional acts which result in death. However, there is a two year exclusion for suicide (one year in some states).
There is also an accidental death rider you can add to your life insurance policy which pays out double indemnity (twice the death benefit) for death resulting from an accident.
Find out more about Will Life Insurance Cover Accidental Death?
RSS Feed
