Secured with SHA-256 Encryption

Select Page

Accidental Death & Dismemberment Coverage

Home » Insurance Help » Accidental Death & Dismemberment Coverage

FREE Life Insurance Comparison

Compare quotes from the top life insurance companies and save!

 Secured with SHA-256 Encryption

Shuman Roy is an entrepreneur, business owner, and musician. He started RoysNoys, LLC in 2013 as a music production and education service company. He also offers small business consulting and advisory services to help businesses get from start-up mode to turn-key operations. Shuman earned his M.B.A from the Stern School of Business in 2001...

Full Bio →

Written by

Joel Ohman is the CEO of a private equity-backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency...

Full Bio →

Reviewed byJoel Ohman
Founder, CFP®https://res.cloudinary.com/quotellc/image/upload/insurance-site-images/truthaboutins-live/2020/03/joel-ohman.jpg

UPDATED: Mar 13, 2020

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider. Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

death valley

It’s not a subject we love to bring up, but it beats burying your head in the sand.

Accidental Death & Dismemberment coverage, also known as “AD&D,” is a type of life insurance policy (or rider) that will pay out a benefit for death caused by…wait for it…an accident or dismemberment resulting from an accident.

Continue reading before you panic and assume your current life insurance policy DOESN’T pay out benefits if a death occurs as a result of an accident.

That’s certainly not the case. AD&D is usually an additional benefit paid ABOVE what your life insurance policy would already pay.

(How much life insurance do I need?)

Then Why Would I Want It?

There are a couple of reasons why you may consider this coverage. Primarily, it is usually very cheap to purchase.

As discussed above, you may be able to simply add it to your existing policy as an insurance rider…for just a few more bucks per month.

Let’s look at an example using a term life insurance policy:

The younger we are, the less life insurance coverage we typically purchase. Put simply, we statistically have a lot of “life” left.

This is a time to pay down bills, raise children and build our finances for when we get older. We certainly don’t expect to die just from bad health.

However, we are always at risk of “accidental” death. Accidental deaths are one of the top causes of death in the United States. This is the case at any age.

So it could certainly make sense to “pad” our life insurance policies in case the unexpected occurs.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

What About Dismemberment?

Perhaps you are comfortable with the amount of life insurance you already have. Great!

But what if you were to become unable to work (produce income) as a result of an accident that didn’t kill you? Rather, you were to lose a limb, finger or your vision as a result of an accident?

This is where dismemberment coverage would kick in. Let’s face it. Most of us require the use of our limbs and eyesight to perform many of the tasks associated with our jobs.

It almost sounds ridiculous to say, but life insurance will not pay out a dime in the event you DON’T die.

Therefore our term life insurance example wouldn’t result in a payout.

Note: The “dismemberment” portion of this type of insurance policy will not offer the same benefit amount as death would afford you (or rather your beneficiary).

So your $100,000 term life policy would not pay out $100,000 in the event you suffered dismemberment.

Be sure to read your benefits statement carefully when entertaining the cost of this policy or rider.

And understand the two coverage types, accidental death and dismemberment, are not always packaged together in one policy.

Read more: Top 10 life insurance companies.

FREE Life Insurance Comparison

Compare quotes from the top life insurance companies and save!

 Secured with SHA-256 Encryption