accidental death & dismemberment insurance

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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.

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Affordable protection. Life insurance is much more affordable than many people believe, especially for accidental deaths. ADB plans offer less coverage than traditional policies. You are only covered for an accidental death.

accidental death & dismemberment insurance
cdc accidental deaths
what does accidental death and dismemberment insurance cover

what does accidental death and dismemberment insurance cover

If you have to dismember a limb due to an accident, this is the part that applies. In these cases, the AD&D policy will typically pay out a predetermined dollar amount. You can be specific about what accidental death insurance will or will not cover. Life insurance provides coverage for death-related events as per your contract.

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Accidental death and dismemberment insurance (also known as AD&D insurance) provides coverage for your loved ones in the event that you are injured or die from an accident. AD&D insurance is similar in that it offers a death benefit but doesn't pay a payout to your beneficiaries if you are ill.

accidental death by gun statistics
accidental death by gun statistics

ADB policies may also be added to existing life insurance. ADB policies provide additional coverage for accidental death. ADB policies do not cover all causes of death. Please refer to your policy terms for more details.

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You need coverage quickly. You can apply immediately for coverage without a waiting period or medical exam. This is a great advantage if your immediate need for insurance protection is urgent, such as if you are planning to travel.

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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.


Otherwise, drug overdose is considered a suicide by overdose and not an accidental death. Frequently, overdoses result from improperly prescribed drugs, an accidental double dose of narcotic painkiller or other sedative-type of medications, or interactions of various drugs taken together.
 

 

Learn about our editorial standards and how we make money. Life insurance provides financial protection for your family and will pay out for almost any cause of death. Accidental death and dismemberment (AD&D) insurance, on the other hand, only pays out for accidental death or accidental injury, such as loss of limb.


Can You Cash in Accidental Life Insurance? No, accidental life insurance doesn't usually have a cash value. For the first few days of an accidental death life insurance policy, you can cancel the coverage and get your money back.


Conclusion. While you may not need AD&D insurance, AD&D serves to complement existing health and life insurance policies that may otherwise not provide coverage to events such as dismemberment, loss of vision, loss of hearing, or paralysis (depending on the policy).


Basic life insurance coverage under Choices pays benefits to your beneficiary(ies) if you die from most causes while coverage is in effect. Accidental Death & Dismemberment (AD&D) insurance coverage adds low-cost accidental death protection by paying benefits in the event your death is due to accidental causes.