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Accidental Death and Dismemberment
By AI
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What is AD&D insurance?
AD&D insurance combines two types of coverage: an accidental death policy that pays out if you die in an accident, and a dismemberment policy that pays out if you have a serious injury such as losing a limb or becoming paralyzed because of an accident. The beneficiary of your AD&D policy (such as your spouse) collects the money in the case of an accidental death, and you collect it if you suffer one of the injuries outlined in the policy.
NATURAL DISASTERS: https://medicalexecutivepost.com/2025/04/15/insurance-natural-disasters/
Here’s the catch: The death or injury must be the direct result of an accident. So, for example, if you have a heart attack while you’re driving and get into a fatal car crash, your beneficiaries probably won’t receive any money.
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While AD&D insurance can offer financial peace of mind to you and your loved ones in the event of an accident, it won’t pay out if you die from natural causes or a terminal illness — so it’s not a replacement for life insurance. And since it doesn’t cover all injuries or disabilities, it isn’t as comprehensive as disability insurance either.
TERM INSURANCE: https://medicalexecutivepost.com/2025/02/05/insurance-term-policy/
Be aware that insurers often sell accidental death insurance without dismemberment coverage. These policies pay out only if you die and won’t cover an accident that leaves you seriously injured but alive.
AGENTS v. BROKERS: https://medicalexecutivepost.com/2025/04/27/insurance-agents-v-brokers/
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Filed under: "Ask-an-Advisor", Financial Planning, Glossary Terms, Health Insurance, Insurance Matters | Tagged: accident, accidental death, AD&D, dismemberment, insurance, natural causes, terminal care | Leave a comment »
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