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Finances December 18, 2016 Stephanie Long, Contributing Author

Accidental Death and Dismemberment Insurance Explained

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Being an adult is tough. You have to pay rent or a mortgage, cook your own food, and wake up early. But one of the worst things you have to do as an adult is navigate the tumultuous waters of insurance.

It can be difficult to understand the different types of insurance options available and their nuances, so let’s explore one a bit more in depth—Accidental Death & Dismemberment Insurance (AD&D). According to TruStage Insurance Agency, “AD&D is insurance coverage that pays a cash benefit in the event of an accident that causes death or serious injury.” If you’ve got life insurance, do you really need this too? Should you opt for this instead of life insurance? Before making those decisions, weigh the pros and cons.


AD&D coverage is usually more affordable than life insurance and can help your family financially should you be involved in a serious accident. Additionally, you’re guaranteed coverage, regardless of existing health conditions. Many companies offer this benefit for free with membership or employment. For example, members of Member One FCU automatically qualify for free coverage through TruStage.


AD&D only covers death or serious injuries resulting from an accident. Death from illness, suicide, war injury, or natural causes is not covered under this plan. So, while more affordable, the coverage is not as extensive. Thus, it is generally wise to use AD&D as a supplement to your life insurance plan.

In a past blog, we discussed the importance of life insurance and getting the appropriate policy for your lifestyle. The same applies to AD&D. If you’re young and healthy and don’t have the money for life insurance, AD&D might be a great option. If you don’t think your current insurance policy is up to snuff but you don’t have the money to add to it, you can supplement with AD&D coverage.

Being an adult is difficult, but it definitely has its perks. So grab some ice cream for dinner, stay up past your bedtime, and see if AD&D coverage is the right choice for you. If you’re already a member of Member One FCU, go ahead and sign up for your free TruStage AD&D coverage today.

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