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Accidental death coverage provides funds to policyholders' families for final services
and household expenses should the policyholder die as a result of injuries sustained
while riding in his owned automobile. These policies are sometimes the only
money available to the policyholder's family to have a funeral. Because the policyholder
must be riding in his owned automobile, this coverage cannot be written
where the policyholder purchases a non-owner automobile policy. Limits range from
$500 to $7,500, and 6-month and 12-month terms are available.
Accidental death policies are sold online in a point-of-sale format. You incur no cost until you sell the policy.
Just enter the policyholder's name, address, and date of birth, select a policy limit and term, and print!
Voids are also handled online. Payment for issued policies may be made with your monthly producer statement or through various online methods.
You also earn a very attractive commission on the sale of these policies!
Founders also offers accidental death coverage as an optional endorsement to its
automobile policy. See the Personal Auto section of the website for further information.
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