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Are Life Insurance Policies Designed To Pay Double The Coverage In Case Of An Accident?

Posted January 4, 2010 – 10:18 pm in: structured settlements FAQ

I heard it somewhere that if the death benefit is X dollars and the person dies from an auto accident, a fall from a boat or gets killed while walking a dog — The insurance companies pay double the coverage. I think it is insane. I have a $5 bet that it is incorrect. [...]

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