Accidental Death & Dismemberment
Health insurance and workers compensation only go so far.
An injury can permanently destroy a worker’s ability to support his family. And group life insurance rarely provides more than a short-time cushion against the devastating impact when a primary income earner dies in the prime of life.
Accidental Death & Dismemberment (AD&D) Insurance from Chubb can help fill the gap, paying your employees a lump sum for accidental loss of life or limb and other permanent injuries.
Program Highlights
- Coverage for the consequences of an accident: temporary or permanent disability, home or vehicle modification, rehabilitation expense, psychological therapy and education expense.
- Coverage for emergency medical costs, meeting the immediate costs of medical transport and hospitalization.
- Coverage for more conditions, such as brain damage, paralysis and coma.
Voluntary AD&D Insurance
You can help protect employees and their families from the loss of income in the event of an accident by offering them Voluntary AD&D Insurance from Chubb.
- Cash benefit – AD&D pays the employee and his/her beneficiaries a lump sum of money for accidental loss of life, limb or permanent injuries regardless of any other insurance they may have.
- Round-the-clock coverage – AD&D provides insurance protection 24 hours a day, 7 days a week, anywhere in the world.
- Affordable – Because AD&D is offered through a group plan, the rate for coverage can be substantially lower than the cost of similar insurance that is purchased individually.
- Customizable – Several benefit options can be added to the core plan to fill your employees’ unique needs, including Education Expense, Child Care Expense, Home Alternation or Vehicle Modification, Spouse or Domestic Partner Employment Training Expense, Medical Evacuation and Repatriation.
Chubb Flexibility
Policies can be customized to meet the specific needs of your business and employees. You decide:
- Who is covered – different classes of insured persons which may include non-employee directors and employees’ spouses/domestic partners and dependent children.
- How much and what level of coverage each class receives.
- When each class is covered – during business travel only, or 24/7 “Business and Pleasure”.
- Which benefits to choose – over 30 optional benefits available.
Chubb Strength
When you choose Chubb, you’re relying on one of the strongest carriers in the market: a specialty Accident & Health carrier with the experience and financial strength to offer rich options, broad coverages and high benefit limits at affordable costs.