What does the Accidental Death & Dismemberment Rider cover?

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Prepare for the North Carolina Health Insurance Test. Study with flashcards and multiple choice questions; each comes with hints and explanations. Get ready for your assessment!

Multiple Choice

What does the Accidental Death & Dismemberment Rider cover?

Explanation:
An Accidental Death & Dismemberment Rider provides benefits specifically for losses that result from an accident. It pays a death benefit if the insured dies due to an accident, and it also offers dismemberment coverage for defined losses such as loss of a limb, sight, or hearing caused by an accident. These benefits are typically a set percentage of the rider’s face amount and are limited to accidental events, not illnesses or natural causes. This rider is distinct from other riders like waiver of premium, accelerated death benefit, or COLA adjustments, which cover different features.

An Accidental Death & Dismemberment Rider provides benefits specifically for losses that result from an accident. It pays a death benefit if the insured dies due to an accident, and it also offers dismemberment coverage for defined losses such as loss of a limb, sight, or hearing caused by an accident. These benefits are typically a set percentage of the rider’s face amount and are limited to accidental events, not illnesses or natural causes. This rider is distinct from other riders like waiver of premium, accelerated death benefit, or COLA adjustments, which cover different features.

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