Is death due to drug overdose by the insured himself considered as accidental death?
Total Comments: 4
Posted: Sun Dec 30, 2012 12:26 am Post Subject:
With most ADD policies, this will be listed as an exclusion and won't pay a claim.
Posted: Sun Dec 30, 2012 06:42 am Post Subject:
With most ADD policies, this will be listed as an exclusion and won't pay a claim.
This is also true in an accidental death benefit rider in a true life insurance policy. Assuming the policy has been in force for more than two years, the life insurance claim would be paid, but the accidental death benefit would not.
Posted: Thu Jan 31, 2013 01:24 pm Post Subject:
This post basically outlines the importance and of [link deleted per TOU] in accidental health coverage in India. Thanks for sharing this post.
Posted: Tue Feb 26, 2013 06:21 pm Post Subject:
Death due to drug overdose by the insured may appear to be accidental, but it is not coverage by accidental death insurance plans.
Usually, an accidental death policy will apply several standard exclusions to the coverage, including suicide, self-inflicted injury, Taking of alcohol in combination with any drug, medication or sedative, Air travel as a pilot or crew member, Committing or attempting to commit any illegal activity, and Any active participation in a riot, insurrection or war, either declared or undeclared, among other exclusions.
Accidental death insurance policies also apply a standard requirement of death resulting from an accident that occurred within a set period of time. Meaning, the insured must die within 6 months (or some other time-frame) of the accident in order to be covered by the insurance policy.
Posted: Sun Dec 30, 2012 12:26 am Post Subject:
With most ADD policies, this will be listed as an exclusion and won't pay a claim.
Posted: Sun Dec 30, 2012 06:42 am Post Subject:
With most ADD policies, this will be listed as an exclusion and won't pay a claim.
This is also true in an accidental death benefit rider in a true life insurance policy. Assuming the policy has been in force for more than two years, the life insurance claim would be paid, but the accidental death benefit would not.
Posted: Thu Jan 31, 2013 01:24 pm Post Subject:
This post basically outlines the importance and of [link deleted per TOU] in accidental health coverage in India. Thanks for sharing this post.
Posted: Tue Feb 26, 2013 06:21 pm Post Subject:
Death due to drug overdose by the insured may appear to be accidental, but it is not coverage by accidental death insurance plans.
Usually, an accidental death policy will apply several standard exclusions to the coverage, including suicide, self-inflicted injury, Taking of alcohol in combination with any drug, medication or sedative, Air travel as a pilot or crew member, Committing or attempting to commit any illegal activity, and Any active participation in a riot, insurrection or war, either declared or undeclared, among other exclusions.
Accidental death insurance policies also apply a standard requirement of death resulting from an accident that occurred within a set period of time. Meaning, the insured must die within 6 months (or some other time-frame) of the accident in order to be covered by the insurance policy.
Add your comment