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Insurance

Accidental Death Insurance

Accidental Death Insurance is a type of insurance that offers protection in the unfortunate case of death caused by accidental injuries. It does not cover death due to illness. In the event of the insured's death, a payout is made to the designated beneficiary. Additionally, this insurance often includes coverage for bodily injuries, such as the loss of a limb, where a predetermined amount is paid to the insured.

Related terms

Standard premium

Understand the meaning and definition of Standard premium in the context of stock market, trading, and investments.

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Joint and several liability

Understand the meaning and definition of Joint and several liability in the context of stock market, trading, and investments.

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Claims-made policy

Understand the meaning and definition of Claims-made policy in the context of stock market, trading, and investments.

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Captive insurer

Understand the meaning and definition of Captive insurer in the context of stock market, trading, and investments.

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Temporary life annuity

Understand the meaning and definition of Temporary life annuity in the context of stock market, trading, and investments.

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Term Insurance Rider

Understand the meaning and definition of Term Insurance Rider in the context of stock market, trading, and investments.

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