Accidental Death
Accidental death can be described as the direct consequence of the following:
- An injury caused by an accident that is clearly visible on the outer part of the body, or internal body injuries as confirmed by an autopsy as the cause of death.
- An illness or body infection as a direct result of an accidental injury as described above, commencing within 30 days of suffering the injury in an accident.
- Drowning that resulted from an accident.
Another definition of accidental death is: Death caused by accident, violent, external and visible means.
Accidental Death Benefit can be added to an insurance policy as an additional benefit—it is in addition to the policy’s basic death benefit—should death result from an accident. As it is an additional benefit it is often referred to as “Double Indemnity.” Accidental death insurance cover will pay out in the event of accidental death or permanent disablement.
The benefit will be paid out as a lump sum, in the case of accidental death to a selected beneficiary. There is no medical testing required to obtain accidental death cover and it also covers all types of accidents.
There are a number of exclusions when accidental death cover will not pay such as people over the age of 75, suicide, under the influence of alcohol and drugs and while partaking in certain sports such as polo, professional football, professional diving and a number of others. (Please note this is not an exhaustive list of exclusions.) ( done added 5 nov )