Accidental Death Benefit


Accidental Death Benefit
The payment due to the beneficiary of an accidental death insurance policy, which is often a clause or a rider connected to a life insurance policy. The accidental death benefit is usually an amount paid in addition to the standard benefit payable if the insured died of natural causes.

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.

Accidental death, as defined in accidental death insurance policies, is any death strictly due to accident. It typically excludes such things as acts of war, death caused by illegal activities, etc. Hazardous hobbies in which the insured regularly engages are generally specifically excluded as well. In the case of a fatal accident, death usually must occur within a period of time specified in the policy.

Accidental death benefit riders should be considered for people who work in or around potentially hazardous environments, and can be used to beef up the benefit paid to beneficiaries. These riders typically end once the insured person reaches the age of 70.


Investment dictionary. . 2012.

Look at other dictionaries:

  • accidental death benefit — n. A payment, in addition to the compensation received by the beneficiaries of an accident insurance or life insurance policy, to be made paid if the insured suffers an accidental death. See also double indemnity. Webster s New World Law… …   Law dictionary

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  • accidental death benefit — a life insurance benefit, usually in the form of a rider or policy addition, under which the proceeds are payable to the beneficiary only if the insured dies by accident. [1970 75] * * * …   Universalium

  • accidental death benefit — a life insurance benefit, usually in the form of a rider or policy addition, under which the proceeds are payable to the beneficiary only if the insured dies by accident. [1970 75] …   Useful english dictionary

  • accidental death benefit — Provision in insurance policy encompassing death caused by sudden, unexpected, external force. Maneval v. Lutheran Bros., Del.Super., 281 A.2d 502, 506 …   Black's law dictionary

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