Accident Death and Dismemberment Insurance Plan
(Note to Administrator: Adjust eligibility, benefit options and termination ages as necessary based upon your plan.)
What is Accidental Death & Dismemberment (AD&D) Insurance?
AD&D can help provide financial protection for you and your family if you are involved in an accident that leads to death or bodily dismemberment including loss of specific senses such as sight, speech or hearing.
Why is AD&D a popular choice?
Cost. Group AD&D Insurance is a cost-effective way to provide protection for your family should an accident occur. Since benefits are limited to accidents, your premium costs are lower compared to other types of life insurance. That makes this an option that can fit into most household budgets.
Who is eligible for AD&D coverage?
This coverage is available to members and their spouse under age [xx], as well as any unmarried, dependent children under age [xx] or age [xx] if they attend school full-time (subject to state variations).
Who receives the insurance benefit?
Money from any qualifying claim goes directly to you or to your beneficiary—not to a doctor or hospital. Benefits are paid regardless of any other insurance coverage you may have.
Is my health considered for approval?
No medical testing or exam is required and there are no health questions required to enroll. Your acceptance is guaranteed.
Are there any additional benefits?
Yes, there are some stand out features that make this insurance do more for you and your family depending on the nature of an accident. While some of these are benefits paid only in the event of loss of life, this is when you or your family may need extra money the most.
- Common Carrier Benefit: This added benefit is payable if loss happens while traveling in a qualifying public or commercial form of transportation such as a plane, train, bus, taxi, etc.
- Seat Belt Benefit: Safe behavior is rewarded if death occurs as a result of injuries sustained in a qualifying accident while properly wearing a seat belt.
- Education Benefit: This additional protection can increase and extend benefits to qualifying insured children to help them financially through the death of their insured parent while full-time students in an institution of higher learning.
- Handicapped Child Benefit: If you have a dependent child with special needs (physical or mental), your child’s coverage can continue if you pass away or after he or she reaches the plan’s termination age.
What’s not covered?
Accidents are just that—accidental and unpredictable. Benefits are not payable for any loss that results from or is caused directly, indirectly, wholly or partly by suicide or intentionally self-inflicted injury; insurrection, war or an act of war; a physical or mental sickness or treatment of that sickness; voluntary intake of poison, drugs, gas or fumes, unless taken as prescribed by a physician; committing a crime or an attempt to do so; being intoxicated or under the influence of any drug, unless taken as prescribed by a physician; flight in any type of aircraft (this item applies only to the pilot, whether licensed or unlicensed, and the members of the crew). More detailed plan materials are available upon request.
When will my coverage begin?
All coverage issued will be effective on the [first of the month] following receipt of your enrollment form and your first premium payment. You and your dependents, if enrolling for family coverage, must not be hospitalized on the date your insurance takes effect. If you are, the insurance will take effect on the day after you are discharged.
How is accidental death and dismemberment insurance different from life insurance and travel accident insurance? While life insurance provides a benefit at death including and most typically natural causes, AD&D plans pay benefits only if you are injured or die in an accident. Generally, travel accident insurance pays benefits for accidental death only while you are a passenger on commercial transportation (common carriers), whereas AD&D insurance also covers deaths as well as many injuries from virtually any type of accident.
AD&D MARKETING MATERIALS
(For use in whole or part in brochures, website, or other materials.)
Approved Copy Ideas.
Embrace Your Life Every Day. Nothing can hold you back. That’s why you want to be confident that your loved ones would be financially protected if an accident happened to you or another member of your family.
Enjoy every moment. We all want to live a carefree lifestyle, but accidents can happen. Group Accidental Death & Dismemberment insurance can offer financial support when you really need it—so you can live your life more fully today.
Guard Against the Unexpected. Whether you’re physically active—or just young at heart—it’s wise to protect yourself and your loved ones financially in the event of an accident that results in injury or death.
For a softer landing when facing adversity. Whether you're busy at work or enjoying personal time, your physical safety is never guaranteed. Group Accidental Death & Dismemberment (AD&D) insurance pays a benefit in the event a covered accident causes death or injuries that significantly impact your life (such as loss of sight, hearing or movement).
Did you know accidents are the fourth leading cause of death? The leading cause of death in the United States is heart disease followed by cancer and lung disease. The fourth leading cause is accidents. But while you may be able to reduce the risk of the first three leading causes, the fourth can arrive unexpectedly. https://www.medicalnewstoday.com/articles/282929.php (Medical News Today 2017)
Secure your loved ones’ future with up to $[xxx,xxx] in coverage
Build strength in numbers. The more people you cover, the better you can be protected. Coverage is available to eligible [members/other term] and spouse under age [xx] and unmarried dependent children up to age [xx] or [xx] (if full-time students).
When benefits are paid. Our AD&D plan pays a full benefit if a covered accident results in death or other significant loss such as sight, hearing or mobility within 90 days of the accident. Benefits may still be paid at lesser amounts for partial losses.
About loss. While it may be tough to think about, this insurance offers you support if you need it. Covered loss includes loss of life, limbs, sight, hearing, mobility, and movement. The benefits schedule shows what is paid for each type of severity of loss.
One family’s decision: The plan that made all the difference* Jim and Susana are married with three children. They led an active lifestyle, playing outdoor sports and taking regular beach excursions. They purchased an AD&D plan for each family member, which proved a good decision when Susana suffered a fatal accident. Left to raise their children as a single dad, Jim was able to care for their kids thanks, in large part, to $250,000 in accidental death benefits. And since their oldest child was going off to college that year, the benefit even increased and continued to help offset his education. *This is a hypothetical example.
3 [x] ways our plan gives more.
Be transported—with our Common Carrier Benefit. An additional benefit is paid to your beneficiaries if the cause of death is an accident that happens while you or your spouse are a fare-paying passenger in a public licensed common carrier conveyance (taxi, bus, plane, etc.).
Buckle up—with our Seat Belt Benefit. Beneficiaries receive an additional benefit if you or your covered souse die within 90 days from an injury caused by an automobile accident, while wearing a seat belt properly.
Pursue higher learning—with our Education Benefit. An additional benefit is payable to an insured dependent child or spouse enrolled as a full-time student in an institution of higher learning—or who enrolls within 365 days of your death—if you pass away due to a covered accident.
If an accident affected your family, would you be prepared?
Be better protected. Insure every family member to make the most of your benefits. Coverage is available to eligible [members/other term] and spouse ages [xx-xx] and unmarried dependent children up to age [xx] or [xx] (if full-time students).
Decide whom to cover—and enroll worry free.
Complete the enrollment form to begin your coverage. Consider adding your spouse and children. Choose to enroll by mail or online at [www.xxxxxxx.com].
Plus, if you change your mind, you can cancel within 30 days of receiving your Certificate of Insurance and receive a full refund.
We’re here to help. We want you to be confident about your selection and understand the types of insurance available to you and your family. Call us at [(888) 555-5555]; email us at [email@example.com]; or visit [www.website.com].
Note: Not for use in New Mexico.