Accidental Death Benefit

Author:Jeffrey Lehman, Shirelle Phelps
 
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A provision of a life insurance policy stating that if the insured—the person whose life has been insured—dies in an accident, the beneficiary of

the policy—the person to whom its proceeds are payable—will receive twice the face value of the policy.

The insurance company that is liable for the payment of such a benefit will...

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