Accidental Death Insurance

We can never predict when an accident will occur, and planning for such unforeseen events is nearly impossible. Accidents are the leading cause of death for individuals under 45 and rank as the third leading cause of death for those aged 45 and older.

For anyone aged 70 or younger, obtaining an accidental death policy is both essential and surprisingly affordable!

In the unfortunate event that you pass away due to an accident, your beneficiary will receive a tax-free payout directly into their checking account. This money can be used for various needs, such as mortgage payments, settling the mortgage, covering burial and funeral costs, managing household bills, addressing medical expenses, or even contributing to a child’s college fund. They have the freedom to spend it however they see fit.

An accidental death policy pays out if you die from any incident classified as an accident, including falls, car crashes, choking incidents, drowning, machinery accidents, electrocution, plane crashes, or even slipping and falling down the stairs.

This insurance benefits from a guaranteed instant issue process, with no medical history or prescription questions required.

Since term, permanent, and whole life insurance can be more costly, many individuals choose to add accidental coverage to their plans. This allows them to secure some protection for their loved ones while staying within a tighter budget.

Benefits included at no extra charge:

- Common Carrier Benefit: If you die while traveling on a commercial airline, Amtrak, cruise, or any commercial transport, an additional death benefit equal to the base accidental death benefit is provided. For example, if you have a $100,000 policy, they would pay out $200,000.

- Auto/Pedestrian Benefit: This pays an additional 50% of the face amount of the accidental death benefit.

- If you are between 18 and 50 years old, you can add a Return of Premium (ROP) option. If you do not use the policy by the time you reach 80, you would receive 100% of your premiums back.

(Note: Accidental coverage is not available in Massachusetts, Minnesota, or New Mexico.)