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April 2017  Volume 10, Number 4        

long term care

Don’t Be Unprepared for an Accident Waiting to Happen

Accidents happen, so you need to take precautions to minimize the financial consequences.

Accidental Death and Dismemberment Insurance (AD&D) is a low-cost rider you can attach to a life insurance policy. It pays benefits if the policyholder loses a body part or function (limbs, speech, eyesight or hearing) or suffers from permanent paralysis. It also pays beneficiaries both the AD&D benefit and the life insurance benefit if an accident causes death.

The important thing to remember about AD&D is that it is a limited policy, covering only specific injuries for a specific amount under certain circumstances.

Circumstances usually covered by AD&D include traffic accidents, homicide, falls, drowning, exposure to the elements and accidents involving heavy equipment. Excluded circumstances usually include injuries or death caused by acts of war, illegal activities, drug overdose, suicide, hazardous hobbies or professional sports.

An accident caused by an incident such as a stroke or heart attack would be excluded. So would an accident to a victim who later died from an infection contracted in a hospital.

It’s very important to read the policy closely before you buy to ensure you understand exactly what the coverage is. Some policies only pay death benefits if death occurs within 90 days of the accident. Other policies do not go into effect until 24 months after the policy is purchased. Additionally, the AD&D rider usually ends once the insured person turns 70 years old.

Some critics of AD&D insurance point out that accidental death and dismemberment rarely happens, and when it does, it can be covered by individual disability insurance. The best candidates for AD&D coverage usually are young people who work in dangerous jobs or travel frequently and don’t have disability insurance.

Consider the following factors when making your decision to purchase AD&D insurance, particularly if you are employed in a dangerous occupation or travel frequently:

Dangerous Jobs

The federal government released its Jobs Related Report in 2016 listing the 10 most dangerous jobs. If your profession made the list, you’ll want to take extra precautions to remain safe and consider the advantages of AD&D insurance.

For example, police officer and firefighter positions were ranked among the highest for injuries. Taxi drivers and heavy/tractor-trailer truck drivers made the list because of the high incidence of automobile accidents.

Nurse assistants are on the list because of their exposure to contagious patients. Emergency medical technicians are likewise on the list because of their exposure to both diseases and injury.

Other dangerous professions include construction workers, corrections officers, farmers and veterinarians. See the entire list at http://www.careercast.com/jobs-rated/most-dangerous-jobs-2016.


While many travelers worry about terrorism or plane crashes, it’s the common, everyday activities that can cause the most injuries.

For instance, going barefoot is a no-no. Always wear sandals to avoid stepping on glass. A cut on the foot can lead to an infection. Motor-bikes are a popular way to explore a town, but not a safe one. Travel insurance policies won’t cover motor-bike accidents. If you must ride a motor-bike, be sure to wear a helmet.

At Home and in Your Car

Staying home will not keep you safe, but there are precautions you can take to avoid accidental death or injury. Here are the top five causes of accidental death in the home:

  1. Choking is especially prone to affect children, who are most at risk due to choking on small pieces of food or small parts. Adults get in trouble when they are careless while eating.
  2. Fires can occur when least expected. Make sure you have fire extinguishers and smoke detectors on all floors. Blow out candles before leaving a room.
  3. To prevent slips and falls be extra careful in the bathroom. Most bathroom falls happen because of wet floors. Install grab bars in showers and bathtubs. Put railings on stairways to avoid slips.
  4. Poisoning is often the result of a drug overdose – so read prescription medication directions carefully.
  5. Motor vehicle accidents are the leading cause of accidental death. You can improve your chances by not drinking and not using a phone when you drive. Also keep your eyes open for other drivers, particularly when walking.

Please contact us to find out more about AD&D insurance and whether it’s the right choice for you.


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In this issue:

This Just In...

What Replacing the Affordable Care Act Means — Pros and Cons

Don’t Be Unprepared for an Accident Waiting to Happen

Does Cancer Insurance Make Sense for You and Your Family?

Is a Variable Annuity With an Income Rider a Good Way to Save?


The information presented and conclusions within are based upon our best judgment and analysis. It is not guaranteed information and does not necessarily reflect all available data. Web addresses are current at time of publication but subject to change. SmartsPro Marketing and The Insurance 411 do not engage in the solicitation, sale or management of securities or investments, nor does it make any recommendations on securities or investments. This material may not be quoted or reproduced in any form without publisher’s permission. All rights reserved. ©2017 The Insurance 411. www.theinsurance411.com Tel. 877-762-7877.