1. 12689 POINTS
    Ted Ratliff
    Owner, SFS Associates,
    This would be an additional policy probably offered by your employer or credit union that offers life insurance that covers only Accidental Death and Dismemberment.  This means it will only pay if you die in an accedent or loose a body part such as a hand, arm foot or leg.  These are usually very inexpensive and not a bad supplemental policy for younger ages.  They should never take the place of a full Life insurance policy however.
    Answered on May 6, 2013
  2. 15786 POINTS
    Bob VineyardPRO
    Founder, Georgia Medicare Plans, Atlanta,GA
    Supplemental AD&D (accidental death and dismemberment) policies are very expensive plans when you weigh the benefit against the likelihood of paying a benefit. Many times banks will offer you a free AD&D plan with your account.

    Free is fine but I would never suggest buying additional coverage, not matter how small the premium.
    Answered on May 6, 2013
  3. Did you find these answers helpful?

Add Your Answer To This Question

You must be logged in to add your answer.

<< Previous Question
Questions Home
Next Question >>