Accidental Death Coverage
Accidental death coverage pays only if death is caused by a covered accident. It can be affordable, but it is much narrower than regular life insurance.
How this coverage works
A standalone policy that pays only for death from a covered accident. Illness is not covered. Most causes of death are not covered.
It is cheap for the same reason it is narrow. Roughly ninety percent of deaths are not accidental, and the price reflects that.
Who this coverage may be good for
- People wanting a small extra layer of protection on top of real life insurance.
What to consider before choosing it
- It does not cover death from illness or many non-accident causes.
- It should never be the only life insurance a family with dependents holds.
- Exclusions are extensive and worth reading in full.
Common questions
Is this life insurance?
Not in the sense most people mean. It covers one category of cause. If a family depends on your income, this is not the policy that protects them.
Why is it so cheap?
Because it almost never pays. That is the honest answer and it is the whole answer.
Should I buy it instead of term life?
No. Buy term life. Then, if you want, add this on top.
Coverage availability, benefits, riders, and underwriting requirements vary by carrier, product, state, and individual eligibility. This page is for general educational purposes and is not a guarantee of coverage.