AD & D, Accidental Death & Dismemberment Insurance by Great-West Life

death insuranceThis type of coverage pays your beneficiary a fixed amount of dying advantages if you die in an accident. This is a limited form of life insurance which is generally inexpensive, or in some circumstances is an additional advantage to an existing life insurance coverage coverage. Buying a house, especially your first home, is a really exciting time.

The accidents or demise have to be the results of an accident that is covered by the AD&D insurance coverage. Death has to occur inside a sure timeframe specified within the insurance coverage coverage to qualify for an insurance payout after an accident. Accidental death and dismemberment insurance is often supplemental to life insurance. It could be purchased as its own coverage or as a rider to a life insurance coverage coverage. It typically offers policyholders a percentage of their general payout in the event that they receive injuries from an accident … Read More