What are the Key Differences Between AD&D and Life Insurance?
While both AD&D and life insurance provide financial protection, they differ in key ways:
Coverage Scope: Life insurance covers death from any cause, while AD&D only covers accidental death and specific injuries. Benefit Payout: AD&D policies may offer partial payouts for injuries, whereas life insurance generally pays a lump sum upon death. Cost: AD&D insurance is usually less expensive than life insurance due to its more limited coverage.