An accident at work, or anywhere else, can cause permanent financial damage to your family. Protect your family against the unforeseeable with accidental death and dismemberment insurance.
Your employer may offer coverage as an option in your benefits package. You may also have the option to add coverage to your existing life insurance policy as a rider. If you were to become ill and die as a result of a covered accident your life insurance policy would cover you.
An accidental death insurance policy may be affordable but it doesn't provide as much protection as a standard life insurance policy. This type of policy is typically used to provide supplemental benefits and not standalone coverage for life insurance.
AD&D Insurance covers both fatal and nonfatal injuries involving the dismemberment or loss sight or hearing.
While an accidental death policy is affordable, it doesn't offer the same protection as a traditional life insurance policy. This policy is not considered a standalone insurance policy and is therefore often used as a supplemental benefit.
You are now working in potentially dangerous areas. You would like additional life insurance, but you don't have the time or patience for a lengthy approval process.
Family members and loved ones may require financial assistance in the event of an accident death. This product is only available if you die from an accident covered by the policy terms. To be covered, you don't need to undergo a medical exam.
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.