Definitions for "Accidental Death and Dismemberment"
Related Terms:
Accidental death and dismemberment insurance, Accidental death and dismemberment rider, Accidental death insurance, Ad&d, Accidental death benefit, Double indemnity, Accidental death & dismemberment, Accidental death benefit rider, Adb, First party benefits, Limited policy, Accelerated death benefit rider, Accelerated death benefit, Exclusion rider, Living benefits, Riders, Living benefits rider, Accelerated death benefits, Paid-up policy, Life insurance, Principal sum, Nonforfeiture benefit, Living benefit, Accelerated benefits, Face amount, Death benefit, Accident and health insurance, Waiver of premium, Terminal illness benefit, Accident insurance, Waiver of premium provision, Paid-up insurance, Exclusions, Paid up, Automatic reinstatement, Disability insurance, Burial insurance, Guaranteed insurability rider, Disability income insurance, Exclusion, Death claim, Insurance coverage, Suicide clause, Dependent life insurance, Individual life insurance, Guaranteed renewable policy, Reinstatement provision, Paid up policy, Rider, Policy lapse
A benefit purchased through an endorsement which covers loss due to bodily injury caused solely through accidental means.
Provides benefits for loss of life, limbs or eyes resulting from an accident.
This coverage pays a lump sum benefit for accidental loss of life, limb or sight.
Insurance providing payment if the insured's death results from an accident or if the insured accidentally severs a limb above the wrist or ankle joints or totally and irreversibly loses his or her eyesight.
Group insurance that provides benefits for loss of life or certain body members as a consequence of accidental bodily injury.
A type of insurance policy that pays if the insured dies as a result of an accident or severs a limb above the ankle or wrist. Some policies pay if the insured permanently losses their eyesight.
Source: Bureau of Labor Statistics (BLS) Definition: Policy that pays additional benefits to the beneficiary if the cause of death is found to be accidental. Fractional amounts of the policy will be paid out if the covered employee loses a bodily appendage or sight because of an accident.
A type of policy provision for a Disability Income health insurance policy. This provision will either pay a set amount or a weekly benefit if the policy holder loses their sight, suffers the loss of two limbs in an accident, or dies. If the policy holder loses sight in only one eye, or loses only one limb, the payment amount is less.
This type of insurance pays a benefit to the insured or the insured's beneficiary in the event of bodily injury or death by accidental means (See also Accidental bodily injury). Accident insurance can take the form of an individual policy or an AD&D rider on an insurance policy to supplement the death benefit amount when the insured loses any two limbs or eyesight in both eyes.
A policy or a provision in a Disability Income policy which pays either a specified amount or a multiple of the weekly disability benefit if the insured dies, loses his or her sight, or loses two limbs as the result of an accident. A lesser amount is payable for the loss of one eye, arm, leg, hand, or foot. (H)
Can either be sold as a policy by itself or can be included as a provision of a policy. In the case of an accident, the insurance company will pay either a lump sum or a weekly amount over a specific period.
This type of insurance pays a death benefit in the amount of the face value of the policy to the insured if he dies from accidental causes. This can be a separate policy or it can be a rider that is added to a life insurance policy. The dismemberment benefit is usually paid when the insured loses his eyesight or limbs.
Loss of life or limbs through accident. Insurance against such eventualities is generally available.
Coverage that provides a lump-sum payment to you or your survivors if an accident results in the loss of a limb, paralysis or your death.
A form of accident insurance which indemnifies or pays a stated benefit to the insured or their beneficiary in the event of bodily injury or death due to accidental means. A predetermined schedule of payment is used to compensate the insured or the beneficiary for their loss.
Either a provision in a policy, or a policy in itself, which provides for payment of disability benefits if the insured dies or loses an eye or a limb. If more than one eye or limb is lost, the benefits increase. The disability payments may be made either in a specified amount or in multiple set weekly benefit amounts.