1. 1313 POINTS
    Lenny RobbinsPRO
    Principal, LifeNet Insurance Solutions, Redmond, WA
    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.
    Answered on June 9, 2017
  2. 63291 POINTS
    Peggy Mace, Certified Senior Advisor (CSA)®PRO
    CEO, Outlook Life, Inc, Most of the U.S.
    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.
    Answered on June 9, 2017
  3. 10968 POINTS
    Tim WilhoitPRO
    Owner, Your Friend 4 Life, Brentwood TN
    On life insurance, the only trigger for a claim to pay a beneficiary is death with a certified death certificate. The double indemnity rider you refer to pays double the face amount if the cause of death is accidental. The medical examiner makes this determination and the life insurance company will pay based on his or her ruling. If the cause of death is to be determined as natural causes, homicide, suicide, etc. the double indemnification rider will not pay, just the original face amount.
    Answered on July 23, 2017
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