Adding more value to existing coverage
Voluntary group accidental death and dismemberment (AD&D) insurance is a simple way for employees to supplement their life insurance coverage with additional protection if they or a family member dies or is dismembered as a result of a covered accident.
For employers, group AD&D is an easy benefit to administer and can add significant value to a comprehensive employee benefits program at a low cost.
Why offer voluntary AD&D insurance?
Adding a voluntary group AD&D insurance plan to existing employee benefit packages is something employees are demanding.
As of 2015, 85 percent of U.S. companies offer AD&D insurance to their employees.1 This trend has continued to rise over the past three years, and is an important benefit in financial wellness programs.