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TeachMeFinance.com Accidental Death Benefit -- The payment made to those designated as beneficiaries in an accidental death insurance policy or a life insurance policy in the event of the death of the insured. Normally such policies also allow for compensation to the insured in circumstances of physical injury that result in handicap. The indemnity could be as much as two or three times the face value of the policy in the case of double or triple indemnity schemes. Usually the policies do not protect the insured or the beneficiaries if mortality or injury is due to such events as war and unlawful activities. Time and age restrictions usually hold, the former specifying that death or damage must happen within a certain period after an accident. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.