What Is AD&D Insurance Vs Life Insurance?
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63333 POINTSview profilePeggy MaceMost of the U.S.AD&D Insurance stands for Accidental Death and Dismemberment Insurance. AD&D Insurance pays for death that occurs by accident, or for accidental dismemberment. Life Insurance, on the other hand, pays for accidental death AND for death that occurs due to natural causes. Life Insurance pays for death by any reason except for suicide in the first two years of the policy, and some exceptions such as acts of war, as spelled out in the policy.Answered on September 24, 2013flag this answer
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaAD&D is very limited coverage that is generally issued without much underwriting. It is often included in employee benefit packages. Some people seek AD&D coverage because they cannot qualify for life insurance. Other seek it as a part of a travel insurance package, particularly if their destination is relatively unsafe.Answered on September 9, 2014flag this answer
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