An accidental death and dismemberment (AD&D) insurance policy or rider includes coverage for certain accidental injuries (as well as accidental death), while standard life insurance only pays out for death.
What are the 2 main types of life insurance What is the difference?
Whole life insurance and term life insurance have two major differences: Whole life insurance continues until your natural demise or 100 years of age. Term life insurance has a definite term which must end before you reach 100 years of age.
What are the benefits of accidental death?
Definition: Accidental death benefit and dismemberment is an additional benefit paid to the policyholder in the event of his death due to an accident. Dismemberment benefit is paid if the insured dies or loses his limbs or sight in the accident.