ACCIDENTAL DEATH AND DISMEMBERMENT
There is Comfort Knowing You Have Financial Support for Accidents
AD&D is supplemental insurance that can be added to any life, health, disability, medical expense insurance policy or be purchased as a stand-alone policy.
This covers the insured's death or dismemberment of a body part (Arm, Leg, Hand or loss of vision) as a result of an accident so if the insured's death was due to a sickness this will not pay out any benefit to their beneficiary. When it is added to a Life or Health policy the AD&D optional rider will pay an additional death benefit as long as the insured's death is the result of an accident.
Employers can provide as an option to their employees to purchase even though they will cover basic life and AD&D during the duration of the employee's position with the company. Once that individual is no longer considered employed there is no coverage. Hence the importance of seeking outside coverage when it relates to Life insurance and other supplemental insurance.
What Does AD&D Insurance Not Cover?
Typical exclusions of AD&D coverage include:
- Death during surgery
- Death resulting from a mental or physical illness
- Bacterial infection
- Hernia
- Drug overdose
- Skydiving
- Car racing
- Drunk driving
- War
" Do I need AD&D? "
This supplement may be beneficial to those with high-risk hobbies or professions.
Average cost of AD&D
Depending on the amount of coverage purchased and the benefits it provides, AD&D insurance premiums can cost as little as $60* per year. (NOTE : Only an average. Your coverage may be less or more than average cost)