What is accidental death & dismemberment insurance?

Accidental death and dismemberment (AD&D) insurance pays benefits in the case of a person’s accidental death or dismemberment. While it is usually added as a rider on a life insurance policy, it can also be purchased as standalone coverage. What Is the Difference Between Life Insurance and AD&D Insurance?

Does life insurance cover accidental death and dismemberment?

Accidental death and dismemberment (AD&D) coverage only pays a benefit if death results from a covered accident or upon the loss (or loss of use) of a limb. In contrast, coverage is broader with life insurance. Life insurance policies pay benefits upon the death of the insured, despite how the death occurred.

What is accidental death coverage in life insurance?

Accidental death coverage can also often be purchased as a life insurance rider, or add-on, to life insurance policies. The coverage can double what your life insurance payout would be if you die as a result of an accident. Also see: What Is Voluntary Life Insurance?