top of page
Accidental Life Policies
Accidental Life insurance is best suited for individuals with dangerous jobs or high risk lifestyles who are seeking low cost supplemental protection against unexpected death by accidental cause. Generally added onto other policies, these policies ONLY result in a death claim when the insured individual dies from an accident or from injuries sustained during an accident within a predetermined timeframe afterwards. These policies sometimes also include a Dismemberment clause which will provide a living benefit if the insurance suffers certain serious injuries due to an accident; such as loss of limb, sight, or hearing. Accidental Death Insurance policies will not pay out for death by illness, natural causes, or most medical conditions making it an incomplete substitute for standard life insurance.
Accidental Life Key Points:
-
Accident Only Coverage: Death benefits payable only upon death by accidental causes.
-
Dismemberment Benefits Option: Some policies offer living benefits if serious injuries due to an accident; such as loss of limb, sight, or hearing.
-
Instant or Simplified Approval: Usually requires no medical examination or health questions, making it accessible to most applicants.
-
Adorable Supplemental OptionL Typically much cheaper than traditional life insurance, often used to enhance existing coverage.
-
Limitations: Does not pay for deaths cause by illness, drug overdose, suicide, or natural decline—making it insufficient for complete coverage.
-
Benefits Can Decrease: Many Accidental Policies decrease their benefits after a certain age when physical decline increases the risks of accidents.
bottom of page