Tuesday, June 23, 2009

ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE

What is Accidental Death and Dismemberment Insurance?

Accidental Death Insurance protection in case insured person dies because of accident. This Insurance does not protect if the insured person dies from any illness, suicide or any other reason accept accident. Accidental death insurance works almost same like as Life Insurance. Accidental death Insurance is available with wide range of amount. These prize ranges is depend upon different Insurance Company. After the death of Insured person, Insurance amount is given to the beneficiary. So, the amount of Insurance is nearly related with the beneficiary’s standard of living. After the death of insured person insurance amount will be helpful to the beneficiary to live his/her rest life normally. That’s why the standard of living is the main factor to choose the Accidental Death Insurance amount.



Insured person should regularly pay Insurance Premium. If he/she failure to pay it regularly or stop paying premium then Insurance Company can terminate his Accidental Death Insurance Policy.


What Does Accidental Death Insurance Cover?

Accidental Death Insurance will cover almost all that injuries which were take place due to an Accident. Insurance Company will pay you if you had loosed your eyesight; any part of your body, your speech etc. Not all Insurance Company will give all that benefits, its depend on companies terms and condition.

To get these benefits you have to prove to the insurance company that you had got these injury only from an accident. Insured person or beneficiary has the right to get claim amount.



More about Insurance
-Life Insurance - Term Life Insurance -

Indian Life Insurance Companies List

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