Accidental Death & Dismemberment
Did you know that one of the leading causes of death is due to accidents?
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Give your clients peace of mind by choosing IDU's Accidental Death & Dismemberment (AD&D) coverage.
These policies provide access to high issue limits, avoid domestic restrictions on foreign travel, and can include coverage for specialty hobbies or other high risk activities. The optional dismemberment rider enhances your coverage to incorporate valuable living benefits.
Product Highlights
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Aggregate limits of $50M and higher
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Monthly issue limits of $250K+ per month​
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Policy Terms: 1 to 3 years
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24/7 Worldwide Protection
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Ability to include Accident-Only Disability Coverage
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Benefits factored up to 10x income with consideration for more coverage
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Coverage include protection from Disappearance
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Written for either Individuals or Groups
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Dismemberment paid on benefit scale depending on loss of limb or sight
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NO MEDICAL EXAMS REQUIRED!
IDU Real Life Solution
Client Situation:
Once a year, AbCo Vision has a destination sales retreat for their national sales team at an off-site location. The company holds this meeting to reward and retain their top sales leaders, and provides a private charter jet for travel. Although this meeting will help solidify and grow this organization there is still a small chance an accident may occur. While the risk may not be significantly high, the impact would be far reaching and this potential tragedy would be extremely financially damaging to the future of AbCo Vision.
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IDU Solution:
Working with their financial advisor and IDU, AbCo Vision was easily able to secure high limit AD&D policies covering all meeting attendees, quickly and with a low financial obligation. The Human Resources Director was able to place coverage on a Guaranteed Standard Issue (GSI) basis with a single employer application. IDU provided a variety of coverage limits for the 40 attendees ranging from $250K to $1M per participant for a total aggregate coverage of $25M.
IMPORTANT DISCLOSURE: This is not an exact description of coverage.
The benefits, limitations and/or exclusions described are for general illustration purposes only and may vary by state and client profile.