Benefits of AD&D with Critical Illness

Benefits of AD&D with Critical Illness

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At American Online Benefits Group, we take pride in educating our members and agents on the products we offer. In maintaining our ethical compliance set forth as a company, we enroll each individual or family for the plan that best fits their lifestyle and budget. Today, the benefits of AD&D (accidental death & dismemberment) with Critical Illness will be highlighted.

AD&D Insurance is a policy that pays a death benefit in the event the policyholder dies from an accident. However, if the policyholder suffers dismemberment due to an accident, the policy pays out a predetermined amount.

Examples of AD&D Losses:

• Loss of Life
• Loss of Both Hands or Both Feet
• Loss of Sight of Both Eyes
• Loss of One Hand and One Foot
• Loss of One Hand and the Sight of One Eye
• Loss of One Foot and the Sight of One Eye
• Loss of One Hand or One Foot
• Loss of Sight of One Eye

American Online Benefits Group has an exclusive product, HD ExpressHealth 360, that includes AD&D coverage paying a pre-determined benefit amount if a Covered Person is injured as a result of a Covered Accident and dies, or loss occurs, within 365 days after the Covered Accident. This plan also includes a Critical Illness benefit.

Life spans are being extended as modern medicine is increasing the survival rate for former deadly diagnoses. As the average life expectancy continues to increase, so does the probability of an individual having a tragic health episode. A standard health insurance plan may cover some of the healthcare costs when a life-threatening illness happens, however, the challenge comes when trying to pay for everyday living expenses. This is where a Critical Illness policy is beneficial.

Critical Illness Insurance provides a tax-free lump sum payment in the event the policyholder is diagnosed with a covered critical illness. These funds are dispersed at the discretion of the policyholder to ease the financial pressures of daily living.

Examples of Critical Illness Diagnoses:
• Heart Attack
• Invasive Cancer
• End Stage Renal Failure
• Stroke
• Major Organ Transplant

At American Online Benefits Group, we offer stand-alone UnifiedLife Accident Choice and Critical Choice, as well as the aforementioned HD ExpressHealth 360 plan as one of the Health Depot Membership benefits. Please contact our agent or member services to receive more information at 214-389-9072.

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