MLchartDataset catalogue

Accidental death insurance

Term · Insurance and risk management · MLC-T-INS-000294

A type of insurance that pays a lump sum benefit to beneficiaries if the insured dies solely as a direct result of an accident, as defined in the policy. This coverage is distinct from traditional life insurance, which covers death from most causes, including illness. It often has lower premiums and specific exclusions for non-accidental deaths.

Table 1. Record
IdentifierMLC-T-INS-000294
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000294",
  "term": "Accidental death insurance",
  "field": "Insurance and risk management",
  "definition": "A type of insurance that pays a lump sum benefit to beneficiaries if the insured dies solely as a direct result of an accident, as defined in the policy. This coverage is distinct from traditional life insurance, which covers death from most causes, including illness. It often has lower premiums and specific exclusions for non-accidental deaths.",
  "url": "https://mlchart.com/terminology/insurance/accidental-death-insurance/"
}

Record 24 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.