Accidental Death and Dismemberment Plans
Accidental death and dismemberment (AD&D) can help protect employees and their loved ones in the event of death or dismemberment due to a covered accident.
Our affordable AD&D plans can be offered standalone, tied to Voluntary Life, and/or added to Basic Life coverage. As an additional benefit, we offer a variety of value-added employee services such as TravelAid1 to help employers protect their employees from a sudden illness or a security incident that occurs while away from home.
Guardian offers two types of AD&D insurance for employee only or family coverage:
|Standard AD&D||Enhanced AD&D|
|Provides traditional coverage for specific accidental losses without common carrier benefits. Includes coverage for:
||Enhanced provides traditional AD&D coverage with common carrier benefits and the following additional benefits:
What AD&D Insurance Covers
(For both Standard & Enhanced AD&D)
|Catastrophic Loss Benefits
(Enhanced AD&D only)
|Loss of life||100%||Quadriplegia (total paralysis of upper and lower limbs, bilaterally)||100%|
|Loss of a hand||50%||Loss of speech or hearing (both ears)||50%|
|Loss of a foot||50%||Loss of cognitive function||100%|
|Loss of sight in one eye||50%||Comatose state in excess of one month||100%|
|Loss of all fingers (same hand)||25%||Paraplegia (total paralysis of both lower limbs)||75%|
|Loss of all toes (same foot)||25%||Loss of arm or leg||75%|
|Loss of thumb and index finger of same hand||25%||Hemiplegia (total paralysis of upper and lower limbs, unilaterally)||50%|
|Loss of great toe||15%||Uniplegia||25%|
Business Travel Accident rider
Pays up to $100,000 for a covered loss that occurs while traveling on business for an employer.
Common Carrier rider
Doubles the benefit for a covered loss that occurs while you are traveling on a public transit as a fare-paying passenger.
How AD&D is Flexible
|AD&D with Basic Life||Tied to Voluntary Life||Standalone AD&D|
|Employee||100% or 200% of Employees Basic Life amount||100% of Employees Vol. Life amount*||Sold as % of salary, increments or flat amounts from $10,000 to $500,0002|
|Spouse/Child(ren)3||N/A||100% of dependents’ Vol. Life amount||Sold as a % or up to a % of employee’s salary, increments or flat amounts|
|Reduction of Benefits||Standard reduction: 35% at age 65, additional 25% at age 70; additional 15% at age 75; and a final 10% reduction at age 80. Other options available.|