What is an "accidental death benefit" rider?

An "accidental death benefit" rider is a provision in a life insurance policy that provides additional benefits if the insured's death occurs as a result of an accident. This rider typically pays an extra sum to the beneficiaries beyond the standard death benefit that would otherwise be paid in the event of a natural death. The rationale behind this rider is to address the heightened risk associated with accidental deaths, reflecting the often unexpected and catastrophic nature of such events.

This rider is particularly valuable for individuals who engage in higher-risk activities or those who may want to ensure their loved ones receive additional financial support in the unfortunate event of an accidental death. By including such a rider, policyholders can enhance their life insurance coverage and offer more comprehensive financial security for their beneficiaries.