Changes

Some companies offer free AD&D only policies to customers as a bonus for doing continued business with them (a common example is a credit union offering such a policy to an account holder).  The initial policy is very small, such as only $1,000 of coverage, and is generally followed by repeated solicitations to increase coverage -- for additional premiums paid.

Some companies offer free AD&D only policies to customers as a bonus for doing continued business with them (a common example is a credit union offering such a policy to an account holder).  The initial policy is very small, such as only $1,000 of coverage, and is generally followed by repeated solicitations to increase coverage -- for additional premiums paid.

It should also be noted that some AD&D policies, or benefits on existing life insurance policies, terminate or decrease significantly at certain ages or events.  A notable example is under the Federal Employees Government Life Insurance (FEGLI) program, AD&D coverage is double face value of whatever coverage the employee chooses during working years, but at retirement all AD&D benefits terminate completely.

It should also be noted that some AD&D policies, or benefits on existing life insurance policies, terminate or decrease significantly at certain ages or events.  A notable example is under the [[Federal Employees Government Life Insurance]] (FEGLI) program, AD&D coverage is double face value of whatever coverage the employee chooses during working years, but at retirement all AD&D benefits terminate completely.

[[Category:Insurance]]

[[Category:Insurance]]

[[Category:Business]]

[[Category:Business]]