Accidental Death

Ever wondered if the Accidental Death & Dismemberment you have from work is the same as an Accidental Dealth policy?

We thought you'd never ask. Answered vaguely in 2 words, NOT EXACTLY! A lot of companies offer their employees AD&D Insurance either free of charge or SERIOUSLY reduced (like a couple dollars out of each paycheck, it's CRAZY LOW) but has limited conditions that it will pay out and a lower lump-sum payout to the beneficiaries, plus it doesn't continue if employment ends. Sure, you can get a decent AD&D from a company separate from your employers offerings, and if you're going for an AD&D policy, I recommend doing just that so you're covered no matter where you work. We specialize in Accidental Death Life Insurance, so for this excerpt, we will stay focused on that. 

What does an Accidental Death policy cover?? Keep reading or just click the link in the banner above to schedule a time to talk to a state licensed coordinator. If you're looking to learn more about a wider range of coverage options for long-term or temporary security, you should absolutely check out our info on Whole Life and Term Life in the Insurance Menu above.

Okay, let's get back to the meat and potatoes of an Accidental Death policy. "What kind of financial protection does an Accidental Death policy really provide?" And let's be real, unless you took weeks of courses, got licensed in order to access every bit of the small print for each company and all of their available options, there's no way you could know! Sure, we all have a grasp on the basics and know that the words "Accidental Death" means it pays out if you die in an accident, right? But what else is there to know? Does a person have to pass away IN the accident? (Nope, most are within 90 days of an accident related injury, so if Great Aunt Pat slips and falls in her home, is hospitalized for a month and ends up passing from a blood clot 62 days from her accident, it's still covered.) Are there stipulations, restrictions, LIMITATIONS? Do you have to have the medical history of a 20 year old athlete to get qualified? (FYI, Not even close! Most companies don't even ask medical history questions, aside from the basic "Are you about to pass away?") Can it be accessed or used BEFORE you die? What kind of hoops need to be jumped through in order to get such a high payout for low cost? And the list of questions can go on for DAYS!!! We understand completely, and rest assured, WE'VE GOT YOUR BACK! See, we DID in fact go through the courses and trainings to know which options work best for your specific end goals. And then we got licensed in each individual state, as a promise to work with your best interest in mind. We can certainly discuss the benefits of a stand alone Accidental Death policy as well as the option to add Accidental Death Benefits to increase a Whole or Term policy, so you're completely covered. 

Here are some key takeaways to help you decide if having Accidental Dealth Insurance is a good fit for you and your family.