What is AD&D Insurance?
If you were to die suddenly due to a covered accident or suffered a disabling injury, you or your beneficiary will receive the benefit amount you chose upon purchasing coverage. This lump-sum payment can then be used for immediate or future needs. Once enrolled, you will be covered 24 hours a day, 365 days a year from an accident that occurs on or off the job.
How is AD&D Insurance different from life insurance?
AD&D insurance benefits are paid in addition to any life insurance benefits and can help safeguard your family’s lifestyle if the income you provide is no longer available. AD&D coverage provides benefits if an accident occurs, but not if death occurs naturally. Unlike life insurance, AD&D insurance provides benefits if the insured loses a limb,sight, hearing, or speech from a covered accident.
What is the benefit of Group AD&D Insurance?
Your status as a union member means you and your spouse can purchase valuable AD&D protection at affordable group rates. Group AD&D insurance typically offers lower rates than you could receive as an individual for the same coverage and benefit package. Group insurance also means you can never be singled out for a rate increase, or a change in benefits, even if your health changes as you grow older.
What are my rates based upon?
Your rates for coverage are based on the amount of coverage you apply for and whether you choose individual or family coverage. Rates can only be changed if changed for everyone under the Group Master Policy.
What is a premium?
The premium is the payment you make for insurance coverage.
What is a beneficiary (ies)?
Your beneficiary (ies) is the person(s) you name in an insurance policy to receive the death benefit.
Are there any age requirements?
Coverage is available for members and their spouses ages 18-69.
Are my children eligible for coverage?
Your coverage provides 10% of your AD&D benefit for unmarried, dependent children who are full time students. 1
Can my insurance be terminated?
Coverage continues as long as premiums are paid when due, you remain a union member, and the group plan remains in force and is not modified by the policyholder to end insurance for the group of insureds to which you belong. Coverage will expire for you or your spouse at age 80.
What is the Labor Dispute Waiver of Premium?
During a union-sanctioned strike or lockout lasting 30 days or more, your premium will be waived for up to 12 months one time within a consecutive 12-month period.*
Are there any exclusions to my coverage?
We pay a benefit if a covered injury results in an insured’s loss of life, limb, sight, hearing, or speech. The injury must occur while the Certificate is in force and within 365 days of the covered injury. Please consult your certificate of insurance for a complete list of exclusions.
*Not available in all states
Coverage is underwritten and issued by The Union Labor Life InsuranceCompany, Silver Spring, MD.
This information is only an outline of The Union Labor Life Insurance Company’s Accidental Death and Dismemberment Insurance features. Once approved for coverage, it is important that you read your Certificate of Insurance forthe exact benefits, terms and conditions of this insurance plan as benefits,limitations, and exclusions may vary by age and State.
1 Restrictions to age andmarital status vary by state. Each of your unmarried, dependent children willbe insured for 10% of your benefit, if under age 19 (under age 21 in DC; underage 25 in NE and TX; under age 26 in IN), or under age 25, if a full-timestudent. In CA, your dependent children under age 26 will be insured for 10% ofyour benefit regardless of marital or student status. Your spouse’s benefits are 50 percent of your coverage, and dependent child (ren)’s benefits are 10 percent of your coverage when you cover both your spouse and children. Dependent children are those unmarried children under age 19 (21 in LA, DC; 25in NM, TX) or age 25 if full-time student. In WA, dependent children are your children to age 26, regardless of marital status. In CA and IN, your dependent children under age 26 will be insured regardless of marital or student status. When your spouse reaches age 70, coverage will reduce to 50 percent of the full benefit amount.
