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
There is no basic payout. The death benefit is whatever the insured chose to insure himself for.
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
No. You will get a payment from the insurance policy if either * You are killed due to an accident or health issues or * You meet with an accident and are permanently disabled As long as you are healthy and alive, you will not get your insurance payout.