AD&D Life Insurance Costs, Coverage
Life is a precious thing and sometimes accidents come when you least expect it. Accidental death life insurance policies protect the insured in the event of an accidental death of a loved one. Accidental death life insurance is something that you will regret not having in the event of an accidental death.will provide you the protection you need at a much lower cost than purchasing a whole life insurance policy, or even term life coverage. The cost is lower simply because the chances of passing away due to an accident are much lower than dying from natural causes.
The last thing you should have to think about in the event of an accidental death is how you are going to be able to afford to pay for it; that's why AD&D coverage often provides a benefit that is higher than your typical whole life insurance or term life insurance coverage. You also can combine the accidental death life insurance policy with a dismemberment policy in the event that the insured is in a severe accident and yet not lose their life from it, but will still need funds to help recoup the costs of unemployment or loss of job function.
Getting Life Insurance Protection in Times of Crisis
In times of crisis, the mind tends to hibernate while the body goes about its daily activities. When you make the decision to purchase an insurance policy that will cover the insured in the event of an accidental death, you are preparing for the worst while still living.
If an accidental death were to happen to you or a loved one, your mind will be able to hibernate as you go about your business. It is hard enough coping with the death of a loved one; don’'t add any extra stress to the situation by not being prepared. Accidents happen, but if they don’'t and your coverage expires or you decide to terminate your coverage, you will receive your prior premium payments back.