While we don’t like to think about the possibility, accidents can and do happen when we travel. Sometimes they’re quite serious or even result in death. Travel accident insurance, also known as accidental death and dismemberment (AD&D) coverage provides reimbursement for such accidents.
Most policies will make a distinction between coverage that applies to accidents while traveling on a common carrier such as a scheduled airline and accidents that happen at other times.
Accidental Death and Dismemberment Coverage (AD&D)
In most policies there will be a schedule or table of losses presented along with the maximum limit payable. An example of such a table is presented below:
|Table of Losses||% of Maximum Limit|
|Both hands or Both Feet||100%|
|Sight of Both Eyes||100%|
|One Hand and One Foot||100%|
|Either Hand or Foot and Sight of One Eye||100%|
|Either Hand or Foot||50%|
|Sight of One Eye||50%|
In the case of a death claim there are always a number of exclusions as you might expect for cases of suicide or drug overdoses. So don’t expect to go and party hard, fall off a balcony and expect to receive benefits if you are seriously injured or worse in the fall. Like always you need to know what is clearly covered in the policy you ultimately purchase.
Flight Accident Coverage
This is similar coverage to the AD&D coverage discussed above except that it covers accidents while traveling on a scheduled or regularly charted airline. You use to see many places in the airports where you could buy flight insurance before you departed. Now with the availability of comprehensive travel insurance and the fact that tickets purchased with most major credit cards carry some form of AD&D insurance you don’t see that as often in the airports but it is still available.
Compare Quotes for the Best Value in Travel Insurance
The easiest and best way to make sure you get the most value for your travel insurance dollar is to compare quotes from the leading travel insurance carriers. It’s easy, quick and can save you money. Try it here.