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Why Accidental Death & Dismemberment? |
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Accidental Death and Dismemberment (AD&D) Insurance Our accidental death and dismemberment (AD&D) coverage provides your plan members with added financial security if they are faced with sudden and tragic circumstances. Accidents can happen in an instant—but the results of an accident can last a lifetimeFinancial support following accidental loss of a limb, use of a limb, sight, hearing, speech or life - Provides added financial security after a tragic accident
- Pays benefits directly to the plan member, or to the beneficiary in case of death
- Lets plan members add extra coverage
With standard AD&D insurance: - While benefit amounts can vary from plan to plan, typically the principal sum is payable for the loss of life, both hands or feet, or sight
- Fractions of the principal sum are payable for other losses (for example, 3/4 for the loss of a limb, 1/2 for speech or hearing, and 1/4 for the fingers of one hand)
- Benefits are paid directly to the plan member (or to the beneficiary designated by the employee in the case of loss of life)
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Accidental Death