If the unexpected were to happen to you, many accident insurance policies specifically exclude aviation as a covered occurrence. Do you have a policy that provides coverage for accidents, even while flying?
Accidents seriously injure more than 39 million Americans and cause over 136,000 deaths every year. They are the No. 1 cause of death for Americans under age 45, and fourth overall cause of death for that age group (behind heart disease, cancer, respiratory diseases).*
No matter how safe you are, an accident can happen. Consider these facts:*
While there are some things you can do to reduce the possibility of an accident, you can’t completely prevent them. The best thing you can do is prepare for the unexpected. After an accident, there are often bills for emergency services, doctors, hospital stays, therapy, prescriptions, and other medical supplies.
If death occurs, there are often additional expenses like burial and funerals costs; day-to-day living expenses such as mortgage, credit card debt, and child care; and future expenses like college for your kids and retirement funds for your spouse.
All these expenses could be financially overwhelming to families if they are not adequately prepared with accident protection or Accidental Death & Dismemberment (AD&D) insurance.
Accident insurance or Accidental Death and Dismemberment (AD&D) insurance is an affordable option to help protect you and your family against the costs and uncertainties you could face with an accident.
Accident and AD&D insurance policies are specifically designed to help families with the expenses that can occur after a devastating accident. Cash benefits from accident or AD&D insurance policies are typically high, yet rates are extremely affordable.
Many policies even offer extra benefits for safety features, medical services, and more. And many plans are available on a guaranteed acceptance basis and do not require you to take a medical exam or complete a complicated application.
For these reasons, many families complement their life insurance with accident or AD&D insurance. Accident or AD&D insurance is not a replacement for life insurance, but offers an affordable way to add to your financial security.
That’s why AOPA offers its members access to an AD&D Insurance plan that does not have aviation exclusions for members, their spouses, and children. For more information, visit aopainsurance.org/add or call Mercer Consumer, the plan administrator, toll-free at 844/304-AOPA (2672).
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*Source: National Safety Council, Injury Facts 2016 Edition.