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What else can I help you with?
Is an accidental death evil?
Accidental death is not at all an evil. In accidental death, double the sum assured of a policy is paid to the nominee for which extra premia is taken since inception of the policy.
To collect on a life insurance policy do you have to have the death certificate with the cause of death or can you use a death certificate that does not have the cause of death?
A death certificate with the cause of death is usually required on life insurance policies. It depends on the insurance company, the type of policy and what its terms are. An insurance company will most likely require a death certificate with the cause of death, because the cause of death is important in all life insurance claims. If the policy is one for accidental death benefits only, the company is entitled to know and the beneficiary has to prove that death was accidental. An insurer is entitled to know whether death occurred as a result of suicide, which might not be covered by a standard life insurance policy. Also, an insurance company is entitled to know if the death was a homicide that the beneficiary had something to do with, because that would render the beneficiary ineligible to collect benefits.
What do insurance companies use to determine if a death was accidental?
The Death certificate and MVR (Motor Vehicle Report) can be used to determine if death was accidental.
Is there a statute of limitations to file an accidental death policy?
An accidental death policy is a private contract. It is not subject to a statute of limitations. The times will be dictated by the contract itself.
Is accidental death benefit included in face amt of life ins policy?
With accidental death benefit coverage, the nominee is entitled to get further sum assured amount (SA x 2) in case of accidental death of the policy holder.
Can the insurance company deny a life insurance claim on a policy that has been held for 20 years if the toxicology reports determine that death was caused by an OD?
If the policy was an accidental death policy, probably. Accidental death usually relates to accidents on common carriers such as a plane, train, automobile,or bus. An OD would not be considered an accidental death.
If a death is consider undertimed what's does it mean?
A cause of death may be listed as undetermined. It means that a medical examiner cannot determine whether the death was natural, accidental, a homicide, or a suicide.
How are accidental death benefits paid out when they double?
If your life insurance death benefit is for $100,000 and you have a 100,000 accidental death benefit rider and you die in an accident then your policy would pay $200,000.
Can you borrow from a accidental death and dismemberment insurance?
No, you cannot borrow from an accidental death and dismemberment (AD&D) life insurance policy. There is no cash value and the policy only pays a benefit upon death if certain requirements are met regarding the accident or dismemberment.
What does deces mean in English?
'Assurance Deces' is a French term which translates into English as 'Death Insurance'. Death insurance is a common form of insurance taken out to protect against life events such as accidental death. This policy covers areas such as accidental death. Should the claim against the policy be accepted, the policy would be paid to the benefactor. Depending on the issuer or the policy, depends on the level of premium.
If a person has a heart attack while driving a car and subsequently dies in an auto accident if death is caused by the accident and not the heart attack will an Accidental Death Insurance policy pay?
AnswerIf in fact the accident was the cause of death, yes. You would need a death certificate indicating the actual cause of death when you file your claim.
What does 'assurance deces' mean in English?
'Assurance Deces' is a French term which translates into English as 'Death Insurance'. Death insurance is a common form of insurance taken out to protect against life events such as accidental death. This policy covers areas such as accidental death. Should the claim against the policy be accepted, the policy would be paid to the benefactor. Depending on the issuer or the policy, depends on the level of premium.
