Accidental Death Insurance: 3 Surprising Things You Never Knew

Accidental death insurance is a type of insurance that provides a death benefit to your beneficiaries if you die as a result of an accident. It's different from life insurance, which pays out a death benefit regardless of how you die.

Accidental death insurance coverage is typically less expensive than life insurance, and it can be a good way to supplement your existing life insurance coverage.

Here are 3 surprising things you never knew about accidental death insurance:

1. Accidental death insurance is more common than you think. According to the Insurance Information Institute, about 1 in 4 Americans have accidental death insurance.
2. Accidental death insurance can cover a wide range of accidents. Most accidental death insurance policies cover deaths that result from:
   • Car accidents
   • Pedestrian accidents
   • Bicycle accidents
   • Motorcycle accidents
   • Drowning
   • Falls
   • Poisoning
3. Accidental death insurance can be used for a variety of purposes. The death benefit from accidental death insurance can be used to:
   • Pay for funeral expenses
   • Pay off debts
   • Provide income for your family
   • Fund education expenses
   • Pay for medical expenses

If you're considering purchasing accidental death insurance, there are a few things you should keep in mind:

• Make sure you understand the coverage. Read the policy carefully before you buy it so that you know what is and is not covered.
• Consider your needs. How much coverage do you need? What types of accidents are you most likely to be involved in?
• Shop around for the best price. Compare quotes from several different insurance companies before you buy.

Accidental death insurance can be a valuable addition to your financial plan. It can provide peace of mind knowing that your family will be financially protected if you die in an accident.

Get a Quote for Accidental Death Insurance Today

If you're interested in getting a quote for accidental death insurance, click here to compare quotes from several different insurance companies.

FAQs About Accidental Death Insurance

What is accidental death insurance?

Accidental death insurance is a type of insurance that provides a death benefit to your beneficiaries if you die as a result of an accident. It's different from life insurance, which pays out a death benefit regardless of how you die.

How much does accidental death insurance cost?

The cost of accidental death insurance varies depending on the amount of coverage you purchase, your age, and your health. However, it's typically less expensive than life insurance.

What types of accidents are covered by accidental death insurance?

Most accidental death insurance policies cover deaths that result from:

• Car accidents
• Pedestrian accidents
• Bicycle accidents
• Motorcycle accidents
• Drowning
• Falls
• Poisoning

What is the death benefit for accidental death insurance?

The death benefit for accidental death insurance is typically a lump sum payment. The amount of the death benefit will vary depending on the amount of coverage you purchase.

How do I file a claim for accidental death insurance?

To file a claim for accidental death insurance, you will need to provide the insurance company with:

• A death certificate
• A police report
• A medical examiner's report

The insurance company will investigate the claim and determine if the death was caused by an accident. If the claim is approved, the death benefit will be paid to your beneficiaries.