Chad McMahan with Protect With Insurance in beautiful Prescott Arizona.
I’m here at the County Courthouse today and you might even hear a little banjo playing in the background.
Today I’m going to briefly talk about accidental life insurance policies.
They’re commonly misunderstood and they’re an important policy to have.
There’s good news and bad news with Accidental Death Life Insurance policies in Prescott and all of Arizona.
The good news is they’re larger coverage policies and they’re not very expensive.
They’re the most economical route that you can take and half the time our clients need to go with an accidental policy
because it’s what they can afford for now.
Down the road, they can either add to their policy or replace it with a full coverage policy.
Accidental life insurance is not a full coverage policy. It only pays out if it’s an accidental death.
I’m going to briefly explain what that means.
An accidental death is going to be something non-medical. It’s going to be an event occurs such as a car accident or
murder or falling off the roof or a skiing accident, trampled by a horse, etc.
All of these are awful things but they’re all non-medical meaning it’s not a medical problem. It’s not a stroke,
it’s not cancer or something like that.
So all of these accidental issues the policy pays they send a check to your beneficiary.
Because they are so affordable, most people get an accidental death life insurance policy in Arizona for a hundred thousand
to five hundred thousand dollars.
You pick what you want to pay. The prices tend to be low for this because they ONLY pay for accidental deaths so it is an important policy
Most people add accidental death insurance in addition to their other coverage.
You may ask, “why do that if they have a full coverage policy that already covers accidental?”.
The reason why most people do this is that it’s an inexpensive way to add hundreds of thousands of dollars in coverage
additional protection for their family for cheap.
Let’s say for example that someone is currently spending about $200-300 in full coverage policy and for another $60 or for
another 120 dollars let’s say I’ll go in the high-end let’s say for 120 dollars they can get additional coverage for the
the whole family or at least for a husband and wife.
Both of them go on one family policy and so it’s not that much more costly and now they have a $500,000 policy in place on just accidental in addition to their full coverage. So it’s a very important policy to have. I hope that helps you better
understand the basics of an accidental death life insurance policy in Prescott, Arizona.
Please stay tuned for other videos and life insurance and please feel free to reach out to me personally if I can answer
questions free directly this is Chad McMahan and beautiful Prescott, Arizona talking about life insurance.
Please stay tuned for other videos and life insurance and please feel
free to reach out to me personally if I can answer questions free
directly this is Chad McMahan and beautiful Prescott, Arizona talking
about life insurance.
If you are located in the Cottonwood, Sedona, Flagstaff or Prescott area and are looking for more information on affordable Life Insurance please don’t hesitate to contact us. Use the links below or call us directly at (928) 323-0933.
Learn more about Life Insurance by visiting us at https://www.protectwithinsurance.com
Schedule a free call with Chad here: https://www.protectwithinsurance.com/schedule
Protect With Insurance
989 S Main St Ste A-293
Cottonwood, AZ 86326