Accidental death and dismemberment insurance is a benefit that pays a lump sum amount to the insureds beneficiary in the event of death due to a covered accident. This add-on can also cover the insured themselves in the case of dismemberment (defined as loss of a limb) due to a covered accident.
Having AD&D insurance can give you and your loved ones necessary financial support. Without it, you or, in the case of your death, your surviving loved ones, may suffer an additional financial blow.
AD&D insurance is ideal for somebody who works in a high-risk profession, like construction or mining, but it’s also recommended for those who travel frequently. Accidental death and dismemberment insurance can be purchased as an add-on for many travel insurance policies. Check out the video below to learn more about Accidental Death and Dismemberment coverage.