Your new job puts you in dangerous situations. You want additional life insurance but don’t have the time to wait for approval.


Insurance that covers accidental death and dismemberment is also called AD&D Insurance. It protects your loved ones and you in the event that a loved one is injured or loses a limb. AD&D insurance is similar to a life insurance policy. Both policies offer death benefits but no payouts to beneficiaries in the event of your death.

accidental death and dismemberment worth it


Which are your priorities when it comes to financial support for the people you love? It is possible that you need additional coverage just in case to supplement your existing insurance policy. You may want an easy approval process, without the need for health exams or questions. Perhaps you want to support heirs in the unlikely case of an accident.

accidental death and dismemberment worth it
max life accidental death and dismemberment rider

max life accidental death and dismemberment rider


While accidental death insurance can be purchased as a single policy it is most often sold as a rider for a standard insurance policy. Like regular life insurance, an accidental policy pays a benefit to your beneficiaries. However, the policy does not provide coverage for you in the event of your death from a covered cause.

transamerica accidental death insurance


Most policies provide benefits in addition to life insurance and other coverage. Surviving beneficiaries can use the money however they like.

what does an accidental death policy cover

what does an accidental death policy cover


The accidental death benefit policy does not require a medical exam. This makes it a good choice for people with serious health problems who are unable to qualify for other types or life insurance.

accidental death insurance policy


Accidental Death Insurance is similar to Life insurance. If you are killed, your beneficiary receives a payout. The policy will not pay a benefit if you become disabled or die in an accident. This means you can get a lot of accidental insurance at a much lower cost than traditional life insurance.

accidental death insurance policy

Frequently Asked Questions


Typically, accidental death covers exceptional circumstances, such as exposure to the elements, traffic accidents, homicide, falls, drowning, and accidents involving heavy equipment. AD&D insurance is supplemental life insurance and not an acceptable substitute for term life insurance.


Accidental death insurance

While accidents only accounted for 5.4% of deaths in the United States in 2016, they made up 30.2% of deaths for people between the ages of 25 to 44. This is why accidental death insurance typically isn't worth it if you're near retirement age or just need coverage for end-of-life expenses.
 


When accidental deaths occur, though, typical causes of accidental death or dismemberment claims are motor vehicle accidents, falls, poisoning, drowning, and gunshot injuries. Death by homicide is also considered an accidental death. But not every death resulting from such causes would be considered accidental.