What Does Accidental Death Life Insurance Cover? 
If you have an accident policy you should read through it carefully . It is very common for accident policies to have a lot of conditions and exclusions . For example it may state that you must die within 90 days of the accident itself in order for the death benefit to be paid . Other common exclusions are for death while committing a crime , death while intoxicated or under the influence of drugs . While we often like to think that we will die of accidental causes -LRB- especially young people -RRB- , that is simply not the case . As Peggy mentioned above , accidental death policies have much lower premiums than life insurance policies because there is a very small risk of death by accident . One final consideration is if the financial impact to your family will be different depending on the cause of your death . Will your family need more money if you die in a car accident versus having a heart attack ? If anything , death by natural causes may bring more financial burden if it is preceded by a lengthy illness . You can use an accident policy as a supplement to your life insurance , but never as a replacement . 