meaning of accidental death clause

accidental death clause meaning in Law Dictionary

term in life insurance coverage that will pay two fold or triple based on the accidental death of the insured. There are numerous limitations. AKA accidental means supply or accidental outcome provision.

accidental death clause meaning in Business Dictionary

Provision in a life insurance coverage wherein, in the event of death-due to accident, twice (in dual indemnity plan) or 3 x (in triple indemnity policy) the actual quantity of demise benefit is paid towards the beneficiary. These guidelines are usually subject to particular constraints, such as for example age the insured and quantity of days the death happens following the accident. Also known as accidental means provision or accidental outcome provision.