When an Accidental Death Benefit Is Added?

The term accidental death benefit refers to a payment due to the beneficiary of an accidental death insurance policy, which is often a clause or rider connected to a life insurance policy. The accidental death benefit is usually paid in addition to the standard benefit payable if the insured died of natural causes.

When an accidental death benefit is added to a whole life policy How does this affect the policy's cash value?

"Policy's cash value is not affected". When an accidental death benefit is added to a whole life policy, how does this affect the policy's cash value? After a policy has lapsed, which provision allows the insured to continue coverage? Bank loans".

Under what circumstances if death occurs accidental death benefit is payable?

i) The Member has sustained any bodily injury directly and solely from the Accident; ii) The death of the Member occurs within 120 days of the date of Accident due to such injury as stated above, solely, directly and independently of all other causes of death.