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Accidental Death Insurance

Definition of 'Accidental Death Insurance'

This is an insurance policy which pays out a lump sum in the event of death, but only where the death was due to an accident. The sum may be a fixed amount, or vary depending on the term of the policy.

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Related Terms

Accident Insurance Annuity Actuary Endowment Policies Co-Insurance General Insurance Activities of Daily Living (ADL)Adverse Selection Association of British Insurers (ABI)Cash and Carry Factoring Fund Management Institutions Lloyds of London Premium Private Equity Funds Sale and Leaseback Special Purpose Vehicle

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