Voluntary Accidental Death And Dismemberment (AD&D) Insurance
Definition of "Voluntary accidental death and dismemberment (AD&D) insurance"
Additional amount of accidental death and dismemberment insurance not provided by the employee benefit plan (standard group life plan) that may be chosen by the employee. Generally, the employee pays the entire premium that is deducted through the employer's payroll deduction accounting system used for other employee benefit plans.
Popular Insurance Terms
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