What does ADandD stand for in insurance?

ADandD stands for Accidental Death and Dismemberment. This type of insurance provides benefits to the policyholder or their beneficiaries in the event of an accident that leads to death or the loss of a limb or other significant body part.

The importance of ADandD lies in its specific focus on accidents, distinguishing it from other forms of life insurance that may cover death by natural causes. The policy typically pays a lump sum for accidental death, and also provides varying amounts for dismemberment based on the severity and nature of the injury. By offering this targeted coverage, ADandD serves as an additional layer of financial protection for individuals and families facing the consequences of unexpected and severe accidents.

This definition aligns closely with the needs of clients looking for supplemental insurance options that specifically address the risks associated with accidents. Understanding the particulars of such insurance can help individuals make informed decisions about their coverage needs.