Even though it's a tough topic to talk about, death is something we can't avoid. Hence, as the saying goes, preparation is the key to success. This includes understanding your life insurance policy, specifically asking, "does life insurance include accidental death?"
In this post, we answer this question and explore Specialty Life's insurance offerings, focusing on accidental death coverage to help you better understand and plan your coverage.
While it's true that many life insurance policies already incorporate a degree of coverage for accidental death, it's crucial to recognize that the level of protection can distinctively vary from one plan to another.
Specialty Life offers you the option to get Accidental Death & Dismemberment (AD&D) Plans as either a standalone product, or rider to extend your coverage. This mean you get further customization for your policy.
By choosing to integrate AD&D coverage as a rider in your policy, you get added benefits in the unfortunate event of your accidental death or if you were to lose a limb or senses like sight or hearing as a result of an accident. This means that your existing life insurance policy can be tailored to your specific needs and preferences, helping ensure that you're covered comprehensively for such misfortunate incidents.
This customization enables you to feel more secure, knowing that the policy not only fits within your budget but also achieves the right balance of coverage to meet your family's potential needs.
While term life insurance plays a vital role in providing peace of mind, by combining term life insurance with an Accidental Death and Dismemberment (AD&D) Plan, you provide more holistic and comprehensive coverage for your family. Below, we've listed some key reasons why this addition is important:
At the end of the day, accidents are unpredictable. The added protection of an AD&D plan ensures your family's financial stability amidst such unforeseen events.
An AD&D plan functions similarly to life insurance when a death arises from an accident. However, it diverges from conventional coverage in that benefits are also disbursed if you lose a limb or sensory function due to an accident.
Moreover, when added as a rider to a life insurance policy, AD&D coverage offers an affordable, easy-to-access protection for Canadian residents aged 18-69. It's a valuable addition to life insurance, providing an added layer of peace of mind.
Our AD&D Plans go beyond the usual, offering robust coverage that comes with added benefits like rehabilitation, bereavement, and daycare benefits. Customer satisfaction is of utmost importance to us, hence the 30-day money-back guarantee that accompanies all our AD&D Plans.
An Accidental Death & Dismemberment plan from Specialty Life is more than extra financial security in the event of death or dismemberment caused by an accident. Our plan also offers various additional coverages for specific debilitating conditions. Here are the coverage details:
By covering broad conditions under its plan, our AD&D coverage acts as a significant safety net against life's unpredictability, providing a broad shield of protection for you and your loved ones.
When you add an Accidental Death and Dismemberment plan to your term life insurance, you equip your family with an all-encompassing protective coverage against unexpected events. This comprehensive shield ensures your loved ones' financial stability, granting you added peace of mind.
While a traditional life insurance policy provides a financial safety net for your family, incorporating an Accidental Death and Dismemberment (AD&D) plan within your existing coverage can enhance this protection, creating a powerful safeguard for unexpected and tragic events.
Above all, we encourage you to remember the significant role life insurance plays in a solid financial plan - protecting your loved ones from the financial repercussions of unexpected life events. With the addition of an AD&D rider, you're not just protecting their present, but also securing their future.
While we may not be able to predict life's accidents, with AD&D coverage as part of your life insurance plan, you can provide your family with an extra layer of safety.
Consider fortifying your family's financial safety net today. Our team at Specialty Life is here to help you every step of the way, ensuring you obtain personalized, robust, and affordable coverage that aligns with your budget and financial goals.