InsurancePrinciple of indemnity Fiduciary bond Critical Illness Rider Imputed acts Floater Voluntary act
Accident & Accidental Death Benefit
This includes accidents caused by external, violent, and visible means.
As we delve into the world of life insurance, it is important to understand the concept of accident or accidental death. It refers to an unexpected and abrupt event that leads to disability or death of the policyholder. This encompasses accidents caused by external factors, such as violence, as well as those that are visible to the naked eye. In simpler terms, it covers any unfortunate incident that is sudden and unforeseen.
Related terms
Understand the meaning and definition of Principle of indemnity in the context of stock market, trading, and investments.
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