accidental death benefit

Definition

A life insurance policy provision that calls for an additional payment, usually equal to the face amount of the insurance, in the event of accidental death. also called double indemnity.

Cite this definition


Related Research Articles from the InvestorGuide.com University

Life Insurance
Includes all you need to know about provisions and types of life insurance policies. Learn about incontestable provisions, suicide provisions, reinstatement clauses, excluded risks, and settlement options. Once you speak the lingo, read up on the different types of life insurance: Term life, cash value, whole life, single premium life, universal life, variable life, and variable universal life.

Introduction to Insurance
Find out how to protect yourself by learning the basics behind insurance and what factors should be considered when purchasing insurance.

Health Insurance
Learn about the various kinds of health insurance available, including HMOs, PPOs, FFS plans, and Medicare.  Find information about the advantages and disadvantages of each type of plan to help you decide what plan is best for you.


Featured Sponsor

Give this definition a rating from 1 to 5 (5 being the best)...
1    2    3    4    5    



Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Add this Glossary to your Site | Bookmark InvestorWords.com
Home | Terms by Subject | Keyword Advertising | About Us | Contact Us
Work for InvestorWords.com
BusinessDictionary.com | InvestorGuide.com | WebFinanceInc.com
Disclaimer and Copyright©

Copyright©1997-2008 by WebFinance, Inc. All Rights Reserved.
Unauthorized duplication, in whole or in part, is strictly prohibited.