Here are Insurance Policies Many People Ignored Until It’s Too Late

4. Accidental Death Insurance

The Accidental Death Insurance is not the same as the life insurance. Also called AD&D, this insurance policy has similarities with the coverage of the life insurance polucy.

However, although life insurance policies also pay the bereaved loved ones of the person when the insured person dies, there are several other coverage. In the case of Accidental Death Insurance, its only coverage is upon an accidental death of the insured individual.

Some Accidental Death Insurance policies also cover serious injury and dismemberment resulting from an accident. It may also help cover rehabilitation costs and the other expenses.