What is considered accidental death in life insurance?

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Accidental death and dismemberment (AD&D) insurance covers death or disability caused by an accident. "Accidental death" is defined as death directly related to an accident.

Definition

Dismemberment is the result of an accident which causes the loss of eyesight, hearing, speech, limbs or other "members" necessary for work.

Benefits of AD&D

Beneficiaries receive a greater payout in the event of the insured person's accidental death or dismemberment to compensate for the sudden, unexpected loss of potential earnings. Usually, the amount paid out is two to three times greater than if the insured dies of natural causes.

Restrictions

AD&D only covers accidents that can be proven to have directly resulted in death or dismemberment. Death or injuries must occur within a few months of the accident date.

Exclusions

Most AD&D policies exclude death related to suicide, war or self-infliction. They also do not cover death or injuries as a result of a law violation. Medical exclusions include death or dismemberment caused by bacterial infections, mental or physical illness, surgery or a hernia.

Candidates

People who have young dependents or who are the primary wage-earners in their household should consider purchasing AD&D insurance.

Source:

Insurance.com: Accidental Death and Dismemberment Insurance

Financial Web: Accidental Death Life Insurance Policies

Resource:

Insurance.com: Accidental Death and Dismemberment Insurance

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What is considered accidental death in life insurance?

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