Accidental Death Benefit
ACCIDENTAL DEATH BENEFIT
A provision of a life insurance policy stating that if the insured—the person whose life has been insured—dies in an accident, the beneficiary ofthe policy—the person to whom its proceeds are payable—will receive twice the face value of the policy.
The insurance company that is liable for the payment of such a benefit will conduct a thorough investigation into the cause of death of the insured person before paying the claim.
Another name for an accidental death benefit is a double indemnity clause.
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Incorporateci: 1866 as National Travelers’ Insurance
Company
Employees: 46,000
Total Assets: $256.89 billion (2001)
Stock Exchanges: N… Cigna Corp , One Liberty Place
Philadelphia, Pennsylvania 19192-1550
U.S.A.
Telephone: (215) 761-1000
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Web site: http://www.cigna.com
Public Co… Deductible , deductible •babble, bedabble, dabble, drabble, gabble, grabble, rabble, scrabble •amble, bramble, Campbell, gamble, gambol, ramble, scramble, shamble… National Insurance , National Insurance. In 1911 the Asquith government, reflecting changes in public attitudes towards the causes and cures for poverty, passed the Natio… Aegon N.v , Mariahoeveplein 50
2501 TV The Hague
The Netherlands
Telephone: (31) 70-344-3210
Fax: (31) 70-344-8445
Web site: http://www.aegon.com
Public Company…
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Accidental Death Benefit