what is supplemental ad&d insurance

Supplemental AD&D insurance is an optional level of group coverage that pays out clearly defined cash benefits if an accident results in death, dismemberment, blindness, or the loss of one or more limbs. It is designed to supplement regular life insurance, as coverage is limited to certain types of accidents. Unlike life insurance, AD&D insurance covers only accidents, which makes it more affordable, but also means its a far more limited form of coverage. Many companies offer their employees AD&D insurance as part of their benefits package, and these supplemental AD&D insurance policies don’t offer as much coverage as a policy on the private market but often come at no cost to the employee. AD&D insurance is not an acceptable substitute for a full life insurance policy, but it can be a wise investment, especially if you work in a high-risk job.