Accidental Death insurance provides financial support for your loved ones in the event of your untimely death. Many policyholders with this coverage work in dangerous industries or perform daily tasks where they are more likely to get into a fatal accident. The premiums on Accidental Death insurance are generally much lower than an average life insurance policy, and they start taking effect immediately after your first premium payment is processed.
Accidental deaths are the 5th leading cause of deaths in the United States. If your job exposes you to a variety of fatal risks, or if you just want a more affordable alternative to traditional life insurance, Accidental Death coverage might be a good fit for you.