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Investopedia explains 'Accidental Death And Dismemberment Insurance - AD&D'
It is important to carefully check the terms of AD&D policies. For example, if you are injured in an accident that later turns out to be fatal, the death must occur within a certain amount of time. To qualify for 100% of the dismemberment insurance, the injury may have to involve the loss of two limbs or both eyes.
There is a schedule that lays out what percentage of the total will be paid for so-called partial dismemberment, such as the loss of one limb or the sight in one eye. Overall, AD&D is a limited policy that will be useful to a small percentage of people, so be sure to read the fine print in advance so that you understand exactly what is covered, and under what time frames.
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