Accidental Death Benefit Rider

This rider can be added to a life insurance policy by paying an extra premium.
It offers multiple indemnity, which means it provides an additional death benefit if the death certificate lists the cause of death as "accidental."
Double Indemnity: Pays twice the policy's face amount.
Triple Indemnity: Pays three times the death benefit for accidental deaths; the payment system continues (quadruple, etc.).
The additional death benefit will be paid if the insured dies within 90 days of the accident.
If death occurs more than 90 days after the accident, the policy typically does not pay the additional benefit.
The cause of death on the death certificate determines whether the insurer pays the claim.

Examples of Scenarios That Are Not Covered

If the insured has a fatal heart attack or stroke while driving, leading to a car crash, the rider benefit will not be paid.
Accidental death does not include accidents that result directly or indirectly from an ailment or physical disability of the insured.
Accidental deaths resulting from self-inflicted injury, war, riot, insurrection, or private aviation activities are also excluded.

Accidental death insurance is the least expensive form of life insurance available today.
The lower cost is because the coverage is limited: it only covers death due to an accident, and death must occur within 90 days of the accident.
The coverage is less expensive than whole life insurance or other types of life insurance because of these limitations.