Categorized | Travel Insurance

accidental death and dismemberment cover

The aim of Insurance is to provide comprehensive Coverage in an uncertain future. Life insurance provides coverage from risks associated with the possible unfortunate loss of life of the insured, while Travel Insurance protects you against a host of unplanned events during your planned trip. However, not every Accident necessarily results in death, and not every accident that doesn’t result in death is capable of being coped up with. Travel insurance has many Riders that could be added to the original insurance policy, based on individual needs, requirements and personal circumstances, and one of them is the accidental death and dismemberment cover.

THE ACCIDENTAL DEATH AND DISMEMBERMENT RIDER:

When you purchase your travel insurance cover, you are essentially covering yourself against a whole range of contingencies that may arise during your travel, and you are also covered for your life. The advantage with the accidental death and dismemberment cover is that you would be eligible for travel insurance claims should you meet with an accident that either results in death or in injury to limbs or sight, protecting the interests of your family and loved ones in such unfortunate situations.

WHAT ARE THE BENEFITS OF THE ACCIDENTAL DEATH AND DISMEMBERMENT COVER?

Adding the AD&D cover to your travel insurance makes you eligible for the twin benefits associated with your insurance policy:
  • Full sum Assured to be paid on death due to an accident during the period of coverage
  • Full Sum Assured or the proportion of the sum, as agreed upon, to be paid in a lump sum, in the event of dismemberment due to accident

WHAT ARE DOUBLE Indemnity AND TRIPLE INDEMNITY?

With your travel insurance cover, you could opt for benefits associated with a possible accident within the period of coverage that would provide you twice or thrice the actual face value of the coverage, should the main person Insured pass away in an accident. In the event of survival of the insured, if the accident had resulted in loss of limbs or loss of sight with no scope of full recovery, the sum assured would be paid in a lump sum to the insured, as per the terms and conditions agreed upon with regard to travel insurance claims.

WHICH ACCIDENTS ARE COVERED?

There is a wide range of accidents that are covered in your travel insurance, including most commonly occurring accidents such as car accidents, plane and train crashes, road accidents and such. However, the point to note in travel insurance cover is that these accidents should not have been triggered by health conditions associated with the insured, as in the case of heart attack or stroke causing the car accident to occur. Your insurance Policy would list down the conditions of the accident.

WHAT ARE THE EXCLUSIONS?

As you would expect, there are Exclusions to travel insurance claims, even if you were to add accidental death and dismemberment cover to your travel insurance. Some of the common exclusions would be:
  • Deaths which are not associated with the accident or those that occur over a specified number of days of the accident
  • Suicides or deaths associated with crimes or other illegal activities
  • Accidents triggered by health issues or malfunctioning of body parts

WHAT ARE THE OTHER CLAUSES OF YOUR INSURANCE POLICY?

Since this is an accidental and dismemberment cover, your travel insurance cover may not include:
  • Surrender Value
  •  Survival Benefits
  • Paid Up Value

Read through the terms and conditions associated with your travel insurance claims for full details of coverage.