Does Death Have To Occur In Order To Receive Benefits Payment With A Double Indemnity Rider?

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2 responses to “Does Death Have To Occur In Order To Receive Benefits Payment With A Double Indemnity Rider?”

1. 

   June 9, 2017

   Peggy Mace

   Double indemnity means that the insurance company will pay double if death occurs from accidental causes. So if death occurs from natural causes, the life insurance policy will pay the original face amount. If death occurs from accidental causes, the policy will pay double the face amount, or double indemnity.
2. 

   June 9, 2017

   Lenny Robbins

   Also known as an accidental death rider, this pays a benefit of an additional 100% of the death benefit should the insured die from an accidental death. The short answer is “yes”, the insured must die in order to receive this benefit.