Accidental Death and Dismemberment Insurance

 

Accidental Death and Dismemberment Insurance covers injuries in severe maiming or death and pays the insured or its beneficiary a substantial sum benefit should such injuries occurred and this is a very important travel insurance when you are away traveling. It is important to know that most standard accident, disability or life insurance policies cover these accidents which rarely happen during travel. Flight Accident Insurance is a type of Accidental Death and Dismemberment Insurance that pays a benefit only when an aircraft accident results in death or the loss of a body part.

 

Common Carrier Accidental Death and Dismemberment Insurance only pays a benefit when an accident involving a common carrier which results in death or the loss of a body part. It is important to know that the broadest type of Accidental Death and Dismemberment Insurance is the twenty-four-hour Accidental Death and Dismemberment Insurance which pays a benefit when an accident resulting in death or the loss of a body part occurred during the covered trip. Accidents due to terrorism may or may not be covered depending on each policy while acts of war, nuclear, chemical and biological attacks are usually excluded but policies that waive these exclusions can be bought at a higher cost.

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Last updated : 02 January, 2009