Around 6,000 people are accidentally reported dead each year due to their information being added to the US Social Security Administration’s Death Master File, causing major issues such as loss of access to bank accounts and health insurance. The file was created to prevent fraud, but mistakes can occur. The SSA receives 2.5 million death […]
Accidental death benefits can pay additional money to survivors, up to twice the face value of insurance if death occurs in a sudden accident. These benefits may be combined with provisions for loss of limb or sight, but it’s important to read the fine print and exclusions before purchasing insurance. An accidental death benefit is […]
