Other Insurance
Accidental Death and Dismemberment Insurance
This coverage is specifically designed to pay a benefit (one benefit on joint policy) to the member’s estate or a designated beneficiary, in the event of accidental death
- Accidental Death Benefit is a rider and must be attached to a life policy such as Mortgage Life or Level Term Life
- Maximum coverage: $250,000 (cannot exceed the amount of the life coverage in force)
- Death benefit stays level (equal to the original debt)
- Very inexpensive premiums
Accidental Death Benefit
This coverage is specifically designed to pay a benefit (one benefit on joint policy) to the member’s estate or a designated beneficiary, in the event of accidental death
- Accidental Death Benefit is a rider and must be attached to a life policy such as Mortgage Life or Level Term Life
- Maximum coverage: $250,000 (cannot exceed the amount of the life coverage in force)
- Death benefit stays level (equal to the original debt)
- Very inexpensive premiums