Life and Accidental Death and Dismemberment Insurance

Provide Financial Security for Employees and Their Families

Life and Accidental Death & Dismemberment (AD&D) insurance provides an extra layer of financial protection for employees and their loved ones in the event of death or severe injury due to an accident. These benefits can help cover final expenses, loss of income, or other financial needs during difficult times.

At Geebu Insurance Agency, we help employers in New York, New Jersey, and Connecticut design benefits packages that include life and AD&D coverage — supporting your workforce while strengthening your employee benefits offering.

What Is Life Insurance?

Life insurance pays a benefit to your employee’s beneficiaries if the insured employee passes away. It helps provide financial support during a difficult time and can be used for:

• Funeral and burial expenses
• Mortgage or debt payments
• Daily living support for dependents
• College or future financial needs

What Is Accidental Death & Dismemberment (AD&D) Insurance?

AD&D insurance provides additional benefits if an employee dies or suffers severe injury due to a covered accident. This may include dismemberment, loss of sight, or loss of limbs.

While life insurance pays a benefit when someone passes away from any covered cause, AD&D specifically applies to accidental events with defined benefit triggers.

How Life & AD&D Insurance Work Together

Many employers offer life insurance and AD&D as a combined benefit within group plans. The two work well together:

• Life Insurance: Pays a benefit at death due to any covered cause
• AD&D Insurance: Pays an additional benefit if death or disability results specifically from an accident

This combination provides broader financial support for employees and their families.

Who Benefits From Life & AD&D Coverage?

✔ Employees with dependents
✔ High-income households
✔ Employees with financial obligations
✔ Individuals without adequate personal coverage
✔ Workers in higher-risk roles

Providing life and AD&D coverage can be a meaningful part of your company’s benefits package, enhancing retention and employee satisfaction.

Typical Coverage Features

Life Insurance

• Basic life insurance benefit (lump sum)
• Coverage amount set by plan
• Pays to beneficiaries upon passing

AD&D Insurance

• Accidental death benefit (additional to life insurance)
• Dismemberment benefits (e.g., loss of limbs, sight)
• Benefits for specific severe accidental injuries

Why Employers Offer Life & AD&D Insurance

Attract and Retain Talent

Competitive benefits help differentiate your company and show employees you care about their wellbeing.

Affordable Financial Protection

Group life and AD&D coverage is often more affordable through employer plans compared to individual policies.

Peace of Mind for Employees

These benefits offer tangible reassurance that employees’ families are protected in the event of loss or serious injury.

What Life & AD&D Coverage Typically Does Not Include

To stay clear and regulate expectations, it’s important to understand that life and AD&D insurance usually does not cover:

• Death or injury from self-inflicted acts
• Death or injury due to illegal activities
• Intentional harm
• Some high-risk activities without endorsements

Exact terms depend on the policy and carrier.

Why Choose Geebu Insurance Agency

As an independent insurance agency, Geebu Insurance Agency works with multiple top-rated carriers to help employers design life & AD&D programs that fit their budget and workforce needs. We provide:

• Personalized plan guidance
• Competitive carrier comparisons
• Clear explanations without jargon
• Ongoing support through quoting, implementation, and renewals

Whether you’re reviewing your current benefits or building a new package, we’re here to help.

Add Meaningful Protection to Your Employee Benefits Package

Life and AD&D insurance can offer valuable peace of mind and financial security to your employees and their families.

Variation of life insurance that kicks in upon accidental death.

Accidental death and dismemberment insurance is a variation on life insurance, but it only pays out if the death is from an accident (or in some cases a homicide). It usually only pays out if the death happens while premiums are still being paid, similar to term life insurance.

How is this policy different from life insurance?

This coverage only pays out for specific causes of death that are not natural and the terms depend on the specifics of your policy.

Do you need this specific type of insurance?

It depends on your situation and if the work you do is considered high risk. However, there are cases where having this coverage may be beneficial even for jobs not considered to be high risk.

Includes payouts for loss of vision, hearing, speech, and limbs.

The plan pays out a smaller amount if the covered person loses their vision, hearing, speech, or limbs in an accident. Accidental death and dismemberment insurance can be a policy on its own, or it can be added on top of the normal life insurance payout.

Coverage is required for a majority of employers.

Neither of these policies are substitutes for workers’ compensation insurance. This is mandatory for most employers, and while it only covers injuries or deaths at work, it does payout for medical bills, some lost income, and death benefits.

Interested in learning more about life and accidental death and dismemberment insurance? Contact us to go over your options and to help you determine if it is a fit for your business.