What does Accidental Death Insurance mean? Read on to discover the definition & meaning of the term Accidental Death Insurance - to help you better understand the language used in insurance policies.
Accidental Death Insurance
Accidental death insurance is a policy stipulating that compensation will be given to a beneficiary if the insured dies due to unintentional or unforeseen causes. This policy is usually recommended for those who work or live in hazardous places as it eases the financial losses a beneficiary might encounter due to the accident that results in the death of the insured.
We hope the you have a better understanding of the meaning of Accidental Death Insurance.