No, it will not pay. An aneurysm is not an accident.
No.
Usually the only difference between accidental death life insurance and regular life insurance is the name, although sometimes an accidental death life insurance will pay out more money if the death is accidental.
A life insurance payout is not taxed.
accidental insurance
"The average amount of life insurance coverage on insured husbands is $235,600 "
100% of the amount of the policy...each of which are purchased for a specific amount, or amount of payout.
If the owner of the policy is not a business, you would not have to pay taxes on a life insurance benefit payout. You should consult with a tax professional in your state for more details.
accidental life
i don't believe it would
If you are the beneficiary of a life insurance payout, the income is not taxable. If you withdraw from a policy that you have on yourself, then yes, it is taxable as regular income. http://taxresolutionaries.blogspot.com
There is no basic payout. The death benefit is whatever the insured chose to insure himself for.
The payout structure for an annuity life insurance policy involves regular payments made to the policyholder either for a set period or for the rest of their life, providing financial security and income.