Supplemental Life and Accidental Death & Dismemberment Insurance (AD&D)

Whatever the base life insurance coverage provided by an employer, it rarely meets a family’s needed life insurance coverage.

Supplemental Life Insurance is otherwise referred as Voluntary or Additional Life Insurance. A person who elects firm sponsored supplemental life insurance is eligible to get extra coverage, often on a guaranteed issue basis. The extra coverage which they enjoy can be multiple times more than the basic policy coverage. Such coverage depends on factors like the benefit amount of your base life insurance policy. However, the additional coverage cannot extend beyond a prescribed limit which, again, varies from policy to policy. The aim is to supplement your basic life insurance coverage at attractively priced Group rates.