Accident life insurance is usually purchased by using a rider on your life insurance policy. Usually it pays an additional death benefit for those insured's who die by some sort of pure accident. Keep in mind that the additional death benefit is purely for things considered "accidental", and does not cover anything else.
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Usually the only difference between accidental death life insurance and regular life insurance is the name, although sometimes an accidental death life insurance will pay out more money if the death is accidental.
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"There are many different insurance companies out there, such as MetLife and American General, that offer accidental death insurance. The best way to find accidental death insurance is to contact insurance companies that provide life insurance and contact them for the rates and the terms that the insurance will be paid out should an accidental death occur."
Accidental Life or commonly known as AD (Accidental Death) Policies will not pay if the cause of death is illness.
In life insurance policy, you can have accidental coverage equal to the sum insured amount, by paying extra premia. By this way, you can avail accidental coverage policy in a life insurance policy.
Accidental life insurance only pays if you die by direct bodily injury and that no other prior or existing conditions contribute to your death. So accidental life insurance will not pay if you have cancer. Consumers should avoid getting this product at all cost and get traditional life insurance such as term life insurance that will pay no matter how you die.
If I understand it correctly, Accidental Death and Dismembermant Insurance will pay ONLY if you lose a limb or are killed in an accident. Life Insurance pays when you die, regardless of how you die.
Stonebridge Life insurance carries both term life and whole life insurances. In addition, they have accidental death insurance, and accident hospital insurance.
There are many companies that provide insurance for accidental death and dismemberment. This includes companies such as American General Life Insurance Company.
Globe Life provides life insurance for adults and for children, disability insurance, and accidental death insurance. Globe Life is owned by the Torchmark Corporation.