Accidental Death Benefit definition

Accidental Death Benefit means the amount which is payable in accordance with Clause 2 of Part C.

Accidental Death Benefit means, subject to the terms and conditions of the Agreement, the benefits payable by the Insurer to a Beneficiary because of the Accidental Death (any cause not excluded under the Agreement) of an Insured Person, and as set out in the Table of Benefits below.

Accidental Death Benefit means an amount equal to the Death Benefit with a maximum limit of Rs.20,00,000 (Rupees Twenty lakhs only) and is payable to the Beneficiary in the event of the death of the Life Insured (and in the case of Coverage on joint lives, the death of either of the Lives Insured) due to Accidental Death during the first five years of the Coverage Term, while the Coverage is in force.

Examples of Accidental Death Benefit in a sentence

• CHILD HIGHER EDUCATION BENEFIT AUL will pay an Additional Accidental Death Benefit subject to the following rules:1) The Child Higher Education Benefit payment will be no more than $4,000 for each Eligible Student per Academic Year for Education Expenses.

• The Covered Person’s death must result, directly and independently of all other causes from a Covered Accident for which an Accidental Death Benefit is payable under this Policy.

• CHILD CARE BENEFITAUL will pay an Additional Accidental Death Benefit subject to the following rules:1) The Child Care Benefit applies to each Eligible Child enrolled in a Child Care Facility on the date of Your Accidental Death or subsequently enrolls in a Child Care Facility within 12 months of Your Accidental Death.2) Only Child Care Expenses incurred and paid after Your Accidental Death will be paid.3) No more than $4,000 will be paid for each Eligible Child per calendar year for Child Care expenses.

• REPATRIATION BENEFIT AUL will pay an Additional Accidental Death Benefit if You die either greater than 200 miles away from Your principal place of residence or are outside of the country at the time of Accidental Death.

• AIR BAG BENEFITAUL will pay an Additional Accidental Death Benefit if You die as a result of a non-occupational Automobile accident while You are properly wearing a Seat Belt at the time of the accident and the Air Bag deployed properly at the time of the accident.

More Definitions of Accidental Death Benefit

Accidental Death Benefit means a lump sum amount payable in addition to the death benefit in case of accidental death of the insured person as shown in the schedule.

Accidental Death Benefit. If death is as a result of an accident, the Beneficiary will receive an additional amount equal to your Life Insurance in force. If the employee is dismembered (such as loss of sight in an eye, loss of a hand, foot, limb, hearing, speech, etc.), benefits will be paid to the employee as a percentage of the basic life amount. EDUCATION

Accidental Death Benefit means the Rider Sum Assured payable by Us on the happening of the Accidental Death of the Member;

Accidental Death Benefit means the Sum Assured as shown in the Policy Schedule which, if applicable, becomes payable where the death of a Life Assured is caused by an accident, as defined in Clause 13.3.

Accidental Death Benefit. In all policy years the rate is $.65 per thousand, provided that the benefit for death by accidental means terminates no later than the insured's attained insurance age 70.

Accidental Death Benefit means an amount equal to 50% of the Death Benefit and is payable in the event of Accidental Death of the Life Insured, while the Coverage is in force.

Accidental Death Benefit means a death benefit paid to the personal representative of the insured person, should bodily injury caused by a motor vehicle accident result in death within twenty-four (24) months from the date of the accident.