Reasons to Consider Getting an Accidental Death Benefit Rider


Accidents can happen anywhere whether you’re in your car, on a plane, or in your home. Many accidents can be prevented, while some simply can’t. But one way you can prepare for the unexpected is by leaving your family with as much protection as possible.

Getting an accidental death benefit rider can provide you and your family peace of mind and financial security. Let’s dive deeper into what an accidental death benefit rider is and some reasons why life insurance policyholders should consider getting one.

What is an accidental death benefit rider?

An accidental death benefit rider is an additional payout your beneficiaries can receive if you die from a covered accident. This benefit can give you and your family an extra layer of reassurance in a worst-case scenario.

An accidental death benefit provides a payment to your beneficiaries if you die from situations like a slip and fall or being the victim of a crime. These benefits can sometimes also cover traumatic injuries like loss of sight, dismemberment, and other non-death-related injuries that could happen in a covered accident.

Like the death benefit of a life insurance policy, your family can use the payout for anything they need, including paying for your children’s college tuition, your mortgage, household bills, or debt.

Typically, accidental death benefits are available to people between the ages of 20 and 65 years old, and this benefit can be tacked on to an existing life insurance policy. You can receive the accidental death benefit rider insurance without a medical exam, and you may be able to extend your policy to your spouse and children.

Reasons to get an accidental death benefit rider

An accidental death rider benefit isn’t a regular part of a life insurance policy available through most life insurance providers. So, you can select it as an additional provision to your base life insurance plan to get extra life insurance coverage for less without purchasing another policy. An accidental death rider can be a good idea for any life insurance customer, but it may be a particularly important option to consider if one of these situations applies to you:

You work in a dangerous profession

If you work in a high-risk occupation, there is a higher probability of accidents and fatalities while on the job. Some more dangerous professions include construction workers, airplane pilots, miners, welders, and first responders. Getting an accidental death benefit rider can give you peace of mind knowing your family will have added financial protection.

You drive frequently

Those who are on the road often, whether they commute to work or drive a vehicle professionally, are at a higher risk for accidents due to the possibility of mechanical issues, extreme weather, and other problems. This is where an accidental death benefit can provide the coverage you and your family need.

The bottom line

Accidental death benefits can give your loved ones financial security if you pass away unexpectedly. If you have any questions about what accidents are covered, you can contact your insurer to find out what the accidental death benefit includes. You can never be too prepared for unforeseen circumstances.