Question

32 theo has a disability policy with an accidental death rider for a sum of $100,000. he gets injured in an accident and suffers from a severe disability. theo wants to know if there is any time limit for his death to be considered accidental so that his beneficiary can receive the accidental death benefit. what do you tell theo? a2rvdtjwdytyefledwdycna0ngpudz09 a. there is no time limit but death must be attributable to the accident. b. the time limit is 365 days from the accident and death must be attributable to the accident. c. the time limit is 90 days from the accident and death must be attributable to the accident. d. the time limit is 120 days from the accident and death must be attributable to the accident. a2rvdtjwdytyefledwdycna0ngpudz09

Explanation:

In insurance (a subfield of Business, specifically related to insurance within Finance or related areas), for accidental death benefits under a disability policy with an accidental death rider, the standard time limit for death to be considered accidental (so the beneficiary can receive the benefit) is typically 90 days from the accident, and the death must be attributable to the accident. Option a is incorrect as there is a time limit. Option b (365 days) is not the standard; 90 days is more common. Option d (120 days) is also not the typical standard. So the correct option is c.

Answer:

c. The time limit is 90 days from the accident and death must be attributable to the accident.