Riscario

Group Accidental Death & Dismemberment (AD&D) is available as a standalone plan or an addon to group life or group health plan.

• low cost
• often add coverage for accidents while traveling for the employer
• benefit = group term life (usually)
• benefit = lump sum if life insured
  • dies from an accident
  • suffers qualifying multiple dismemberments
    • partial benefit for partial dismemberments
• optional coverage available (employee-paid)
  • evidence of insurability not required since benefits are payable only in the event of an accident
• exclusions:
  • act of war
  • suicide
  • self-inflicted injury
  • military service
  • flying in a noncommercial aircraft
  • committing a crime
  • drunk driving
  • drugs or intoxicants
  • poisonous gas (even if accidental)