How does term insurance compare to accidental death insurance coverage?
Term life and accidental death are two different types of life insurance policies.
Term insurance pays out a death benefit if you die from an accident or natural causes.
Whereas, accidental death policies only pay out a death benefit if the insured person dies as a result of an accident.
And, the insured must die usually within 3 months of the accident in order for accidental death to pay out a death benefit.
Learn more about
term life versus accidental death coverage.
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