What is the difference between life insurance and accidental death insurance and normal life?
What is the difference between insurance accidental death insurance and normal life? This is a better buy? Not all deaths (excluding illness) an accident? If you only buy that the life insurance and do not include accidental death insurance, then what is usually excluded? Thank you! (I know it's different for each insurance company, usually I wonder, be the results)
There really is no difference between the two. Both are life insurance. The words "accidental death" is to encourage consumers to buy. It's like saying "life insurance special extra for you. "lol. This is how life insurance: You pay the premiums on the policy of a certain amount of coverage. If you add "Waiver of Premium" driver, this will allow you to use some of the face value if you become disabled. If you die (natural or accidental), your beneficiary will receive the face value. If no cash value policy, it will be retained by the insurance company (such shit because that's who pays for it).