WHY SHOULD I HAVE ACCIDENTAL DEATH INSURANCE?
Accidental Death Insurance is a policy that pays benefits to the beneficiaries in the case of accidental death of an insured person. In 2013 the CDC studies published in 2010, reported accidents as the leading cause of death among persons age 25-44. Among ages 45-54 accidents were the third leading cause of death. (Centers for Disease Control, 2013)
Accidental Death insurance is often the least expensive type of life insurance coverage available. On average you can usually add an accidental policy to your existing coverage for pennies on the dollar. This means it is affordable and no one should be without an accidental death policy. The majority of employers provide accidental death coverage for employees, and often in an amount equal to or up two or three times your annual salary. This is a type of group policy. Since people are always changing jobs and this type of accidental coverage is not transferable; it’s important to have Accidental Coverage outside of work.
With an ACCIDENTAL DEATH policy, benefits are paid to the named beneficiaries if the insured dies by accident. These cash benefit payments received from the insurance policy, can be used to pay off major expenses like a mortgage debt, auto loan debts, credit card debts and more. This allows for the insured’s family to survive and be sustained through a devastation of the loss of a loved one and can survive the financial loss as well.
IF YOU DON’T HAVE AN ACCIDENTAL DEATH insurance policy, you should. Contact me today for a FREE review of your current coverage and a no obligation quote. Let’s get you the peace of mind and protection you and your family deserve.
MY LIFE AGENT FLORIDA
Guiding & Protecting You Through Life’s Financial Challenges.
PHONE 407.749.0793 or On-Line WWW.MYLIFEAGENTFLORIDA.COM