Accidental Death&Dismemberment vs. Life Insurance

[smiley]

What is the difference between Accidental Death & Dismemberment and Life Insurance? DH and I both have these two coverage through work.

Also, if the death is accidental would you be able to collect both policies?

[kwynn]

AD&D---it pays money if you lose a finger (there are amounts in there, like $30,000 for the loss of a dominant hand, etc) and it can be a "multiplier" on the life insurance, so if you pass in an accident (especially important in workplaces where there are risks such as construction, etc), you get 2x the life insurance amount.

[CloudBee]

Jan 29, 2013 17:16:07 GMT -5 kwynn said:

AD&D---it pays money if you lose a finger (there are amounts in there, like $30,000 for the loss of a dominant hand, etc) and it can be a "multiplier" on the life insurance, so if you pass in an accident (especially important in workplaces where there are risks such as construction, etc), you get 2x the life insurance amount.

Right.  I think my policy pays out half of the linked life policy if you lose a single limb.

[LoveTrains]

Yes we have AD&D insurance through work. It pays various amounts if you get dismembered and then another amount if you die in an accident. That would be in addition to the life insurance policy.

[smiley]

All it tells me is ...

DH Life Insurance =$117k
DH AD&D Insurance =$100k

My Life Insurance =$50k
My AD&D Insurance =$50k