42.7k views
5 votes
If the life insured dies from natural causes than if he dies as a result of an accident?

1 Answer

5 votes

Final answer:

In life insurance, the insurance company provides the agreed-upon payout to the beneficiary regardless of whether the insured dies from natural causes or as a result of an accident.

Step-by-step explanation:

In the case of life insurance, if the life insured dies from natural causes, the insurance company would still provide the agreed-upon payout to the beneficiary. If the insured dies as a result of an accident, the insurance company would also provide the payout to the beneficiary. In both cases, the insurance company fulfills its contractual obligation to provide financial support to the beneficiary upon the insured's death.

User Blakely
by
8.2k points

No related questions found