Accidental Death and Dismemberment
When you are putting together an insurance benefits package for your employees, adding an accidental death and dismemberment (AD&D) policy is always beneficial. These policies protect your employee in the event of an accident that leads to death, dismemberment, blindness, or deafness.
AD&D policies are often attached to life insurance policies. The policy requires a beneficiary to be named so the policy can disburse payment if the insured loses their life in an accident. AD&D insurance is a separate policy and does not interfere with other benefits, such as worker's compensation.
Accidental death and dismemberment policies are a desired benefit for high-risk jobs. This gives the employee added protection for their family. However, AD&D insurance coverage covers accidental death away from work and while traveling, not just while the employee is at work.
Accidental Death and Dismemberment Policies Do Not Cover Illnesses
These policies do not cover any death or illness, even if it is sudden or unexpected. AD&D only covers accidents. Your employees must understand that these policies are for accidents only.
Coverage Available For All Members Of The Family
Employers have a choice of offering a basic policy as part of the benefits or the employee can elect to purchase their own policy. Even if you pay for an initial AD&D policy, you can give your employees the option to increase the benefit amount of their policy by purchasing more coverage.
Employees can also purchase coverage for their spouses and their children if they desire. The employee would cover these policies. All policy premiums would come directly from their paycheck, making it easy for you and your employees to keep their insurance policies current.
Employees would also have the option not to purchase the policy if they desire. However, most employees appreciate the additional coverage this gives them to protect their families.
Create An Amazing Employee Insurance Benefits Package With Truckers Insured
One of the easiest ways to attract good employees and retain the ones you have is to create a great benefits package. Including different insurance products as part of your benefits gives your employee a way to protect their family affordably.
Truckers Insured offers a full line of employee benefit insurance products. We can help your company build a great insurance benefits package that is sure to please your employees without putting your company over budget.
In addition to accidental death and dismemberment insurance, we can help you find short and long-term disability policies, life insurance policies, critical illness coverage, and group health insurance for your company.
Truckers Insured also handles all types of insurance products for the trucking industry. We can help owner-operators and trucking companies get the best coverage for their business. We also manage personal and business insurance products.
Truckers Insured works with several insurance companies so that we can put together the best insurance packages for your needs. We understand that insurance is necessary, but we don't believe it has to be overpriced to get great coverage. Contact Truckers Insured today if you need personal, business, employee benefit, or trucking insurance policies.