Your life
insurance pays the death benefit if you (the insured person) pass away due to
natural causes or accidental death.
If you want the life insurance policy to pay out double the death benefit in
case of accidental death and your policy does not do that as a feature of the
policy, you may be able to purchase an accidental death rider. That way if
death occurred due to an accident, the life insurance policy and the rider would both pay out, resulting in double
payment for accidental death.
Also, if you own life insurance without accidental death, you could purchase a separate accidental death insurance policy which would pay out a death benefit if you die as a result of an accident.
Accidental death is one of the leading causes of death, and the coverage may be affordable compared to rates for regular life insurance protection.
In fact, you may be able to buy up to $1,000,000 of accidental death insurance coverage online. There's no health examination and no health questions asked. You can get an instant quote and apply online for your accidental death policy in minutes. Here's how to buy accidental death insurance.
