Insurance Term of the Week (2)

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. 

Key Features

  • 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.

Hi My name is Andrew and my area of expertise is car insurance. I have many years experience within the industry and have built up a considerable amount of knowledge.

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Posted in Car Insurance, Insurance Glossary, Useful Websites & Information

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