What is accidental death & dismemberment insurance?

Accidental death and dismemberment (AD&D) insurance pays benefits in the case of a person’s accidental death or dismemberment. While it is usually added as a rider on a life insurance policy, it can also be purchased as standalone coverage. What Is the Difference Between Life Insurance and AD&D Insurance?

Does life insurance cover accidental death and dismemberment?

Accidental death and dismemberment (AD&D) coverage only pays a benefit if death results from a covered accident or upon the loss (or loss of use) of a limb. In contrast, coverage is broader with life insurance. Life insurance policies pay benefits upon the death of the insured, despite how the death occurred.

What types of accidents are covered by a death & dismemberment insurance policy?

Accidental death and dismemberment insurance policies vary, but they typically will provide a benefit if you die or sustain critical injuries from: Accidental drowning. Accidental death or injury by firearm. Accidental fall. Accident that takes place on public or commercial transportation. Car accident. Fire. Workplace accident.