Finance Quick Answers
What is an accidental death life insurance rider?
An accidental death benefit provides double or triple payment if the insured's death is caused by an accident. It may be ill advised. Your survivors would need the same amount of financial support, whether you die in an accident or from a health problem, and you will pay extra for the accidental death rider.
Brenda Procter, M.S., Consumer and Family Economics, College of Human Environmental Sciences, University of Missouri-Columbia
If you'd like to learn more about this and other personal finance topics, the University of Missouri offers 'Personal & Family Finance,' a correspondence course, through the Center for Distance and Independent Study (800-609-3727). Information about this course is available at http://cdis.missouri.edu/CourseInfo/DetailCourseInfo.asp?1985.
Last update: Monday, July 21, 2008