Page load started at:
Print
Products > Group Benefits > Life, Critical Illness, AD&D > AD&D Insurance

Group Benefits Accidental Death and Dismemberment Insurance (AD&D)

Accidental Death and Dismemberment (AD&D)

The Accidental Death and Dismemberment (AD&D) benefit provides valuable protection to plan members at a low cost. AD&D provides financial assistance if a plan member suffers a loss of life, use of a limb, sight, hearing, and/or speech due to an accident.

The death benefit is payable to the plan member’s beneficiary. The dismemberment benefit is payable to the plan member.

Five types of AD&D are offered:

 Employee Basic

  • Available to groups of all sizes
  • Minimum coverage is $10,000 and the maximum is determined by group size
  • Plan sponsor selects coverage amount – generally the same as the schedule for the employee Life Insurance benefit – usually a flat amount or a multiple of the plan member’s salary
  • Plan sponsors typically fund the premium. Payroll deduction is also an option

 Employee Optional

  • Available to groups of 25 lives and above (Signature, Corporate and Trustee)
  • Coverage is intended to supplement the plan member’s Basic plan coverage
  • Minimum coverage is $10,000 and the maximum is $250,000
  • Coverage plans are usually a flat amount or a multiple of the plan member’s salary

 Employee and Dependent Optional

  • Coverage for a plan member, his or her spouse and/or dependent children
  • Available to groups of 100 lives or more
  • Minimum coverage is $10,000 for the plan member and 40% of plan member amount for Spousal and 5% of plan member amount for Child coverage
  • Coverage amount maximums are higher for the plan member ($250,000) than for dependants (spouse 60% of plan member amount and child 15% of plan member amount)

 Business Travel

  • Available to groups of 25 lives and above (Signature, Corporate and Trustee)
  • Provides protection in the event of a loss due to an accident for a specified class of employees during selected travel situations

 Special Event

  • Available to groups of 25 lives and above (Signature, Corporate and Trustee)
  • Provides additional protection for a defined group of plan members (e.g., for employees flying to conventions or sales conferences) for loss due to accident

 Benefit Options

The following options can be added to a base AD&D plan in defined packages (Signature groups of 20-199 lives) or as selected by the plan sponsor (groups of 200+ lives):

  • Rehabilitation;
  • Repatriation;
  • Family Transportation;
  • Spousal Occupational Training;
  • Dependant Education;
  • Day Care;
  • Home Alteration and Vehicle Modification;
  • Seat Belt;
  • Hospital Allowance, and
  • Permanent and Total Disability (applicable to plan members only).

More information?
For more information on Group AD&D Insurance contact your Manulife representative.

Group Benefits products are offered through Manulife Financial (The Manufacturers Life Insurance Company).

Page load started at: