Tuesday, April 10, 2007

Basics of Accidental Death & Dismemberment Insurance company's pitch for AD&D insurance might go something like this: If you lose your hand or use of

A company's pitch for AD&D insurance might go something like this: If you lose your hand or use of your eye, we'll pay you $100,000. If you happen to die in a dastardly way, say by decapitation or in a fiery plane crash, we'll double that amount and give your beneficiary $200,000. All you have to do is pay a mere $7.95 a month. Interested?

While some insurers might use more subtle tactics to drum up business, these examples are typical ways an AD&D policy might pay out. The policies, which are often riders on a basic life or health insurance policy, are relatively inexpensive and easy to understand. At first blush, purchasing an AD&D policy might seem like a wise investment for anyone. If you die accidentally, your beneficiary stands to collect lots of money. If you lose an arm or other limb, you would collect a healthy sum. And if you are younger than 45, the odds are you will die in an accident before some other cause of death.

But is AD&D really a good deal? Insurance experts say it's probably not, when you consider the odds of making a claim. You're more likely to die from natural causes than from an accident if you are older than 40 or 45. You're also more likely to become disabled by a back injury than you are to lose a limb. And if you do lose a limb on the job - or hurt your back - workers compensation will most likely cover your injury.

Furthermore, AD&D fails to cover death from "natural causes" or disease. In other words, if you die a less-than-spectacular death, the policy won't pay off. For protection against the more likely risks, like dying of old age or cancer, you're better off putting your monthly premium payment toward a standard life insurance policy, experts say.

AD&D "creates the illusion of having a lot more coverage," says Michael Snowdon, an academic associate at the College for Financial Planning in Greenwood Village, Colo.

Jerry Rosenbloom, a professor of insurance and risk management at Wharton School of the University of Pennsylvania in Philadelphia, recommends taking the money you would spend on AD&D and investing it in other forms of insurance. AD&D protection is too limited, he says.
"If you need the protection, you need it from any cause - be it an accident or something else,'' Rosenbloom explains. With a term or whole life insurance policy, you're covered in case of accidental or natural death. "If you have adequate protection against anything, you really don't need AD&D,'' Rosenbloom says.



Blogger ninest123 Ninest said...

ninest123 09.29
louis vuitton outlet, cheap jordans, tory burch outlet, chanel handbags, prada outlet, michael kors outlet, michael kors outlet online, cheap oakley sunglasses, tiffany jewelry, nike outlet, ralph lauren outlet, uggs on sale, nike air max, christian louboutin, louboutin uk, nike free, uggs outlet, kate spade, oakley sunglasses, ray ban sunglasses, ralph lauren polo, oakley sunglasses, michael kors, replica watches, longchamp outlet, gucci handbags, prada handbags, replica watches, burberry factory outlet, uggs on sale, longchamp bags, uggs on sale, christian louboutin, ray ban sunglasses, louis vuitton, oakley sunglasses, louboutin shoes, ray ban sunglasses, louis vuitton outlet online, michael kors outlet store, nike air max, uggs outlet, michael kors outlet online, louis vuitton outlet, longchamp outlet, tiffany jewelry, burberry outlet, oakley sunglasses

September 28, 2015 at 6:41:00 PM PDT  
Blogger ninest123 Ninest said...

sac guess pas cher, michael kors outlet online, coach purses, coach outlet, true religion outlet, north face pas cher, north face uk, hermes pas cher, michael kors, louboutin pas cher, jordan pas cher, nike free, vans pas cher, kate spade outlet, longchamp pas cher, nike air max uk, nike roshe uk, michael kors uk, nike air max, nike tn pas cher, nike roshe run pas cher, burberry pas cher, ralph lauren pas cher, true religion outlet, timberland pas cher, michael kors, lululemon outlet, new balance, coach outlet store online, longchamp soldes, nike free pas cher, vanessa bruno pas cher, nike air max uk, nike air force, hogan sito ufficiale, lunette oakley pas cher, polo ralph lauren uk, polo lacoste pas cher, true religion outlet, abercrombie and fitch, mulberry uk, nike blazer pas cher, abercrombie and fitch UK, nike air max pas cher, true religion jeans, hollister uk, converse, coach outlet, lunette ray ban pas cher

September 28, 2015 at 6:45:00 PM PDT  
Blogger ninest123 Ninest said...

new balance shoes, insanity workout, softball bats, north face outlet, vans scarpe, abercrombie, nike air huarache, valentino shoes, hermes handbags, beats by dre, iphone cases, mont blanc, p90x workout, north face outlet, nike air max, hollister, mcm handbags, converse shoes outlet, polo ralph lauren, celine handbags, nike trainers uk, ghd hair, reebok outlet, gucci, salvatore ferragamo, nike roshe run, nfl jerseys, babyliss pro, ray ban, soccer shoes, jimmy choo outlet, converse, instyler ionic styler, lululemon outlet, bottega veneta, wedding dresses, mac cosmetics, vans outlet, nike air max, timberland boots, oakley, chi flat iron, asics running shoes, soccer jerseys, hollister clothing, herve leger, giuseppe zanotti, longchamp uk, abercrombie and fitch, louboutin, michael kors handbags

September 28, 2015 at 6:50:00 PM PDT  
Blogger ninest123 Ninest said...

lancel, moncler outlet, louis vuitton, moncler, montre pas cher, moncler, louis vuitton, sac louis vuitton, toms shoes, moncler, canada goose jackets, thomas sabo uk, louis vuitton uk, michael kors handbags, ugg,ugg australia,ugg italia, bottes ugg pas cher, michael kors outlet, barbour, moncler, ugg uk, ugg pas cher, sac louis vuitton, marc jacobs, pandora jewelry, wedding dresses uk, supra shoes, canada goose uk, doke & gabbana, canada goose outlet, canada goose pas cher, swarovski uk, barbour jackets uk, swarovski jewelry, moncler pas cher, juicy couture outlet, coach outlet, moncler uk, replica watches, michael kors outlet online, ugg,uggs,uggs canada, pandora uk, links of london uk, moncler jackets, canada goose outlet, hollister, pandora charms, juicy couture outlet, canada goose, canada goose, pandora jewelry, canada goose jackets
ninest123 09.29

September 28, 2015 at 6:57:00 PM PDT  
Blogger mmjiaxin said...

hollister clothing
hollister canada
coach outlet online
true religion jeans
ray-ban sunglasses
mac cosmetics
karen millen uk
michael kors outlet online
louis vuitton outlet online
coach outlet store
fitflops clearance
canada goose outelt
mbt shoes outlet
ralph lauren,polo ralph lauren,ralph lauren outlet,ralph lauren italia,ralph lauren sito ufficiale
moncler outlet store
mulberry uk
mulberry outlet,mulberry handbags outlet
oakley,occhiali oakley,oakley italia,oakley occhiali,oakley sunglasses
tory burch outlet
puma outlet

December 15, 2015 at 5:43:00 PM PST  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home