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Life and accidental death and dismemberment insurance for the unexpected.

Cover your employees in the event of an accident with life and accidental death and dismemberment insurance.

Pays lost income to an employee’s financial dependents.

Paying for life insurance for your employees is a valuable benefit that can be a big selling point when recruiting staff. Insurance provides a payout to the employee’s financial dependents to make up for some of the lost income if the employee passes away.

Variation of life insurance that kicks in upon accidental death.

Accidental death and dismemberment insurance is a variation on life insurance, but it only pays out if the death is from an accident (or in some cases a homicide). It usually only pays out if the death happens while premiums are still being paid, similar to term life insurance.

How is this policy different from life insurance?

This coverage only pays out for specific causes of death that are not natural and the terms depend on the specifics of your policy.

Includes payouts for loss of vision, hearing, speech, and limbs.

The plan pays out a smaller amount if the covered person loses their vision, hearing, speech, or limbs in an accident. This coverage can be a policy on its own, or it can be added on top of the normal life insurance payout.

Coverage is required for a majority of employers.

Neither of these policies are substitutes for workers’ compensation insurance, which is mandatory for most employers and pays out for medical bills, some lost income, and death benefits.

Interested in learning more about life and accidental death and dismemberment insurance? Contact us to go over your options.