As the name suggests, the insurance company will pay the death benefit amount in case of a death by accident. It will not cover death by sickness, illness, nonprescription drugs overdose, suicide or natural causes. Accidental death due to war and/or terrorism can be covered with a higher ...
While regular life insurance covers natural causes of death or illnesses, AD&D insurance specifically focuses on accidents. Its purpose is to give you financial support if you die or suffer serious injuries due to an accident. For example, if you lose a limb or eyesight, some AD&D coverage...
whether on or off the job. The benefit pays out in a lump sum to the surviving spouse or other designated beneficiary. Accidents cause the most deaths for people aged 25 to 44. It’s one of the lowest-cost forms of insurance that offer a death benefit. ...
However, due to the high and full coverage of NHI, people in Taiwan only exit insurance when they die. Thus, we adopted the date of exiting NHI as the date of death. Risk factor of mortality after falls Three major variables were considered as the potential risk factors of mortality after...