Definition - What does Wrongful Death mean?
A wrongful death is a loss of life due to the negligence or willful act of another party. In case of a wrongful death, the surviving family or loved ones of the deceased may file a lawsuit against the responsible party for various damages.
Insuranceopedia explains Wrongful Death
Most wrongful death actions are filed in situations involving death due to an accident, malpractice or other forms of negligence. Family members seeking payment for damages are usually the spouse, parents, or children. Damages sought can include pre-death pain of the deceased, medical expenses incurred prior to the death, burial and funeral expenses, lost income and benefits, lost services, and lost love and companionship.
However, the awarded damages may not be enough to ensure the financial security of the surviving family, and in case of a natural death, the latter would not be entitled to anything. Therefore, life insurance presents can offer the policyholder and their family peace of mind.