What is Accidental Death and Dismemberment Insurance?
Posted: 11/02/2009
Accidental death and dismemberment insurance (AD&D) is an insurance policy that
is beneficial to the insured in several ways. Accidental death and dismemberment insurance
will pay an additional death benefit to the insured's beneficiaries, if
the insured party were to die in an accident. In addition, AD&D will pay
out a stated benefit to the policyholder if the insured were to suffer dismemberment as a result of an accident,
such as loss of sight or loss of an arm. The policy
will contain a payment schedule based on the type of dismemberment or injury
suffered.
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