The group health insurance plan of your company in Ontario, Quebec, Nova Scotia, New Brunswick and Alberta can include Accidental Death and Dismemberment (AD&D) coverage which helps pay lump sums in the event of a serious workplace accident that is fatal, or causes permanent injury/disability, or specifically, dismemberment. Nova Star Insurance Consultant INC provides AD&D insurance which rounds out the comprehensive insurance package for your employees.
Your plan may include coverage for employees and dependents and usually applies in the event of an injury, paralysis or death resulting from a covered accident.
Nova Star Insurance Consultant INC AD&D plans can be customized with a range of options that include:
If your insured employee suffers an accidental injury or death that is covered by an AD&D policy, Nova Star Insurance Consultant INC will provide the employee’s beneficiary with payment that is based on the coverage amount. With access to a wide range of carriers, Nova Star Insurance Consultant INC specialty designed plans offer services that are customized according to the insurance needs of your business.
According to a recent study by the Centers for Disease Control and prevention, loss of life from unintentional injuries is the 5th leading cause of death for Americans behind heart disease, cancer, respiratory conditions and strokes. Ensure you are protected with customized coverage.
No employer ever wants to think about the horrific scenario of an employee being dismembered or fatally wounded. It is hard to even imagine the difficulty of knowing that if things had been different, then the person would be fine and there would not be a family devastated by loss and grief. However, the only thing you can do for them is to make sure that they are taken care of and are not under financial duress.
AD&D insurance is a type of coverage that provides a lump sum payment in the event of a serious accident that results in death, permanent injury, or dismemberment. This insurance is often included in group health insurance plans offered by employers in Ontario, Quebec, Nova Scotia, New Brunswick, and Alberta.
AD&D insurance plans can cover both employees and their dependents, depending on the specifics of the plan chosen by the employer.
Accidental injuries are a leading cause of death and disability. According to the Centers for Disease Control and Prevention, unintentional injuries are the 5th leading cause of death in the United States. Having AD&D insurance ensures that employees and their families are financially protected in the event of such a tragedy.
AD&D insurance specifically covers accidents that result in death or dismemberment, while life insurance generally covers death from any cause, including illness or natural causes. It is important to consult with an insurance expert to determine which type of coverage is most appropriate for your needs.
Nova Star Insurance Consultant INC offers attentive customer service and special attention to detail. Our team of employee benefit insurance experts are dedicated to streamlining the process of deciding which group benefits packages that are precisely tailored to your business. Call or email for answers to any questions you may have.
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