Voluntary Employee Life And Ad&d at Life

Voluntary Employee Life And Ad&d. Voluntary life and ad&d coverage. Accidental death & dismemberment (ad&d) insurance pays a lump sum benefit to a beneficiary in the event of a covered accident.

It would pay for death or loss of limbs that occurred as the results of an accident. To offer employees greater protection, give them the option to elect voluntary life insurance. An accidental death and dismemberment (ad&d) insurance policy can help protect your family’s finances in the event of the loss of your life or limb(s).

Financial Protection Ensign Benefits

Dependent coverage is contingent on you having voluntary life. Accidental death and dismemberment (ad&d) insurance, on the other hand, only pays out in certain instances of death by accident. Life insurance, ad&d and vad&d • dependent spouse/domestic partner only: Voluntary ad&d insurance is accidental death and dismemberment insurance that you can purchase through your place of work at group rates, if you wish to do so.