USA Accident Insurance, US Accident Insurance, Accident Insurance US
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USA accident insurance offers financial protection in case a policyholder sustains a serious injury in an accident. A US accident insurance policy can also provide financial cover to the family in the event of the policyholderâ€™s death in an accident. The policy that includes the death cover is called Accidental Death and Dismemberment (AD&D) insurance. This policy covers a policyholder in the event of a fatal accident or an accident that has resulted in the loss of a limb, eyesight, speech or hearing.
Accidents are the foremost cause of death in the US for people under 45 years of age and are among the leading causes of death for people of all ages, according to the injury facts stated by the National Safety Council in the 2003 edition.
USA Accident Insurance: Types of AD&D
A USA accident insurance policy’s AD&D plan is similar to life insurance as both of them protect the family in the event of the premature death of a policyholder. However, the AD&D is limited to accidents and is, thus, less costly. This policy can be bought by individuals or groups.There are four types of group AD&D plans:
USA Accident Insurance: Exclusions of AD&D Coverage
The AD&D insurance policy does not cover a policyholder if he has died:
Several policies do not take into account death occurring from dangerous activities such as car racing and skydiving. It is thus important to read the policy documents careful while buying USA accident insurance.