Fidelity Life Association has started selling a new Accidental Death Benefit insurance policy.

The stand-alone policy can provide $50,000 to $250,000 in coverage for individuals ages 20 to 65, according to Fidelity Life, Oak Brook, Ill.

The policy pays full benefits until age 70 and half benefits until age 80.

A College Fund Benefit rider can provide an additional 10% of coverage for each dependent child ages 15 to 22 upon the accidental death of the insured, Fidelity Life says.

Purchasers also can buy an inflation rider that will increase the amount of coverage each year from 2nd policy year to the 6th policy year, Fidelity Life says.

Fidelity Life says it will be making the Accidental Death Benefits product available as a rider with its Rapid Decision Term product in the next few weeks.

Fidelity Life is responsible for backing the product guarantees.