Accidental Death and Dismemberment Insurance - Coverage Types

Coverage Types

There are four common types of group AD&D plans offered in the United States:

• Group Life Supplement - the AD&D benefit is included as part of a group life insurance contract, and the benefit amount is usually the same as that of the group life benefit;
• Voluntary - the AD&D is offered to members of a group as a separate, elective benefit, and premiums are generally paid as a payroll deduction;
• Travel Accident (Business Trip) - the AD&D benefit is provided through an employee benefit plan and provides supplemental accident protection to workers while they are traveling on company business (the entire premium is usually paid by the employer);
• Dependents - Some group AD&D plans also provide coverage for dependents.