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Mutual of Omaha Life Insurance Claims Denied

Denied Mutual of Omaha Life Insurance Claim

Accidental death for life insurance purposes typically refers to a situation in which the insured person dies as a direct result of an accident. Life insurance policies often provide an additional benefit, known as accidental death and dismemberment (AD&D) coverage, which pays out a benefit in addition to the regular life insurance death benefit if the insured person’s death is the result of an accident. Our life insurance lawyers handle denied life insurance claims.

Accidental death may be defined in various ways by insurance companies, but it generally includes deaths resulting from unintentional and unforeseen events, such as:

  1. Car accidents
  2. Falls
  3. Drowning
  4. Poisoning
  5. Fire-related incidents
  6. Homicide
  7. Accidental overdose (e.g., prescription medication)

It’s important to note that each insurance policy may have its own specific definitions and exclusions for what qualifies as an accidental death. Additionally, some policies may have specific circumstances under which the accidental death benefit is not payable, such as if the insured person was engaging in illegal activities or was under the influence of drugs or alcohol at the time of the accident.

When considering an insurance policy with an accidental death benefit, it’s crucial to review the policy’s terms and conditions, understand the definitions and exclusions, and ask any questions to clarify what is covered and under what circumstances. This will help ensure that your loved ones receive the appropriate benefits in the event of an accidental death.

Accidental Death and Dismemberment (AD&D) insurance and regular life insurance serve different purposes and provide different types of coverage. Here are the key differences between the two:

  1. Purpose:
    • Regular Life Insurance: The primary purpose of regular life insurance is to provide a death benefit to the beneficiaries upon the insured person’s death, regardless of the cause of death. It provides financial protection to the insured’s loved ones in case of death, whether it’s due to an accident, illness, or natural causes.
    • AD&D Insurance: AD&D insurance is designed to provide additional coverage in case the insured person’s death is a result of an accident. It typically offers a separate benefit, in addition to the regular life insurance benefit, if the insured person dies due to an accident. AD&D insurance can also provide benefits for certain non-fatal injuries, such as loss of limbs, eyesight, or hearing, depending on the policy.
  2. Coverage:
    • Regular Life Insurance: Provides coverage for death due to any cause, including illness, natural causes, accidents, or other circumstances.
    • AD&D Insurance: Provides coverage specifically for death or injuries resulting from accidents. This coverage is limited to accidental causes only.
  3. Payout Amount:
    • Regular Life Insurance: The death benefit is typically a fixed amount specified in the policy, which is paid out to the beneficiaries upon the insured’s death.
    • AD&D Insurance: The benefit amount for accidental death or specified injuries varies depending on the policy and the severity of the accident or injury. AD&D policies often have a schedule that outlines the specific amounts payable for different types of injuries or losses.
  4. Cost:
    • Regular Life Insurance: Typically more expensive than AD&D insurance because it provides coverage for a wider range of causes of death.
    • AD&D Insurance: Generally more affordable than regular life insurance because it offers limited coverage, specifically for accidents.
  5. Exclusions:
    • Regular Life Insurance: Fewer exclusions, as it covers death from most causes, including natural illnesses and old age.
    • AD&D Insurance: Has more exclusions and limitations, as it only covers accidental death and certain types of injuries resulting from accidents. Common exclusions might include deaths due to pre-existing medical conditions, self-inflicted injuries, or drug overdoses.

It’s important to note that many people may have both regular life insurance and AD&D insurance to provide comprehensive coverage. Regular life insurance offers broader protection, while AD&D insurance provides an extra layer of coverage specifically for accidents. When considering insurance options, individuals should carefully review the policy terms, benefits, and exclusions to determine the best combination of coverage for their needs.

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