For our second week, we have chosen – ACCIDENTAL DEATH BENEFIT (ADB).
A supplementary life insurance policy benefit that provides a death benefit in addition to the policy’s basic death benefit if the insured’s death occurs as the result of an accident.
- All benefits are paid in addition to any other policy or family income entitlement.
- All cash benefits are free from income tax. (Under current legislation).
- Low monthly premiums.
- No medical examination.
- This type of policy is generally available to anybody aged between 18 and 81 who resides permanently in the United Kingdom.