Accidental Death and Dismemberment (AD&D) Insurance
If your employees suffer from an accident that results in death or dismemberment, needless to say, the impact on your business could be substantial. We know when these unfortunate circumstances arise that you need expert insurance coverage. We provide an unmatched enhanced loss schedule along with unique auxiliary benefits.
Introducing new Accidental Death & Dismemberment Basic and Voluntary Policy Benefits
We’re excited to announce enhancements to our 24 Hour Employee/Employer group benefits basic and voluntary Accidental Death & Dismemberment (AD&D) policies. At Chubb, we are committed to leading the way in insurance protection and innovation - ensuring our clients have access to unparalleled coverage.
Employees can’t protect themselves against every accident but they can be better prepared to deal with the financial consequences of a serious accident. Provide your group clients and their employees with enhanced Accidental Death & Dismemberment (AD&D) Insurance from Chubb Life.
The plan includes valuable living benefits to help protect a person’s financial security in the event of a serious injury by paying a lump sum benefit for accidental loss of life, limb or sight and other permanent injuries, such as paralysis, brain death or coma. It can be supplemented with a wide range of additional benefits for even more coverage including owned/leased aircraft, pilots/crew members, and war risks.
Coverage Highlights
Stand-alone mandatory or voluntary plans available.
Worldwide personal accident insurance available on a 24/7 basis, regardless of health history.
Valuable living benefits to help protect an individual's financial security in the event of a serious injury.
Broad loss schedule and ancillary benefits.
Attractive family plan benefits to assist an employee’s surviving spouse and children.
Some exclusions and limitations may apply. See policy for complete plan details.
Plan Benefits
Save your clients’ premium dollars in their overall benefit program.
More flexibility in building a superior plan with higher benefit levels.
Fewer exclusions than most traditional group benefit plans.
Focused risk expertise means competent and efficient claims process.
Convenient annual or monthly premium payment options.
FAQs
General
Loss of Life Benefit: The principal sum amount is paid in the event of a covered loss of life.
Disappearance Benefit: The principal sum amount is paid if an insured’s body is not found within 365 days after an accident-related disappearance, presuming loss of life.
Cosmetic Disfigurement Benefit: Helping an insured financially as they recover from disfigurement when an accident results in third degree burns.
Enhanced Loss Schedule: Loss and loss of use benefits, including 2 times the principal sum for paralysis.
Coverage Continuity & Flexibility
Conversion Privilege: Employees may convert to an individual plan when employment circumstances change.
Continuance of Coverage: Extension of coverage can be arranged for up to a year in the event of being laid-off, short-term disability or leave of absence. Subject to payment of premiums.
Waiver of Premium: When an employee is totally disabled for an extended period of time, and receives approval of any Long-Term Disability claim provided under a group insurance policy, the insurer will waive premiums due during that eligible period of disability.
Accident Transportation Support
Family Transportation: Helping to cover the cost of bringing a family member to an insured’s bedside when an injury results in hospital confinement 50 km or more away from home and their attendance is recommended by a Physician.
Identification Benefit: Helping with travel costs associated when a family member is required to identify an insured’s body when an accident results in death more than 50 km from home.
Emergency Transportation: Helps cover the cost of transporting an insured to the nearest hospital for treatment when accident injuries require immediate medical care.
Repatriation Benefit: Helps cover the costs of returning an insured’s body to their city of residence when an accident results in death more than 50 km away.
Medical & Recovery Support
In-Hospital Confinement Monthly Income: Providing financial help to an insured with unforeseen expenses when an accident results in a qualifying hospital confinement.
Rehabilitation Benefit: Helping pay for special training for an insured when accident injuries result in a need to change occupations.
Home Health Care: Helps pay for recommended and necessary home nursing or health aide services when accident injuries require an insured to recover at home after a hospital stay.
Psychological Therapy Benefit: Helps cover the cost of professional counseling or therapy for an insured to support recovery after accident injuries.
Accessibility & Independence Support
Home Alteration & Vehicle Modification: Helping pay for necessary modifications to an insured’s home and vehicle.
Occupational Retraining Benefit: Helps pay for retraining costs if accident injuries prevent an insured from returning to their previous occupation.
Workplace Modification & Accommodations Benefit: Helps pay for necessary special equipment or workplace changes needed for an insured to return to work after accident injuries.
Alternate Transportation Benefit: Helps reimburse costs for alternative transportation if accident injuries require an insured to use a different method of travel than they were using prior to the injury.
Personal Mobility Benefit: Helps pay for the purchase of a wheelchair, a specially modified vehicle with wheelchair accessibility, or any specially designed personal lifting device for the insured’s home or automobile needed as a result of accident injuries.
Disability Fitness Benefit: Helps cover the cost of specialized fitness or athletic equipment for disabled persons needed as a result of accident injuries.
Financial Support for Dependents
Bereavement Benefit: Providing the spouse and dependent children of an insured with money to help pay for grief counseling support to help see them through the difficult times following a death as a result of an accident.
Day Care Benefit: Helping pay for day care costs for young children left behind when an accident results in the death of an insured.
Spousal Occupational Training: Helping the spouse of an insured following a death due to injury by providing a financial benefit to help with the costs of gaining specialized training for active employment.
Post Secondary Education Benefit: Helping to pay post- secondary school costs for eligible dependent children when an accident results in the death of an insured.
Parental Care Benefit: Provides financial support to dependent parents when an accident results in the death of an insured.
Funeral & Burial Benefit: Helps fund funeral, burial, or cremation expenses when an accident results in the death of an insured.
RESP Contribution: Provides a financial contribution to a RESP for the dependent child of an insured who dies due to an accident, when the child does not qualify for the Day Care or Special Education benefits.
Serious Illness & Occupational Disease
Occupational HIV Benefit: Pays a benefit if an insured contracts HIV due to accidental exposure at work and completes the necessary forms and testing.
Occupational Hepatitis Benefit: Pays a benefit if an insured contracts hepatitis (excluding Type A) due to accidental exposure at work and completes the necessary forms and testing.
Critical Disease Benefit: Pays a benefit if an insured is diagnosed with a covered critical disease before age 65 and is unable to work due to the illness for at least 9 months following the date of diagnosis.
Safety & Accident Enhancement
Seat Belt and Air Bag Benefit: Increases the principal sum amount if an insured person’s accident occurs in a vehicle while wearing a properly fastened seat belt. With an additional increase if the insured is wearing a properly fastened seat belt and is protected by a properly deployed air bag.
Criminal Assault Benefit: Increases the principal sum amount if an insured’s loss is due to a covered criminal assault while at work or during business travel.
Common Carrier Benefit: Increases the principal sum amount if an insured’s loss occurs while traveling on a licensed public transportation carrier.
AD&D insurance is a good fit for anyone who wants extra financial protection against the unexpected costs and consequences of serious accidents, especially if they have loved ones who rely on their income.
Employees and Workers: Especially those in higher-risk occupations or who travel frequently for work.
Individuals with Dependents: Anyone with a spouse, children, or other dependents who would face financial hardship if the insured suffered a serious accident or accidental death.
People Without Sufficient Life or Disability Insurance: AD&D can supplement existing coverage, providing extra insurance protection for accidents.
Anyone Seeking Affordable Supplemental Coverage: AD&D is generally less expensive than traditional life insurance and can provide additional peace of mind about your finances after accidental events.
