Accidental Death & Dismemberment Insurance
Free $1,000 coverage available for adult members
| About the Program |
Accidental Death and Dismemberment Insurance is designed to pay you a financial benefit if you are dismembered (such as loss of a limb or sight) or pay your beneficiary if you lose your life in an accident. Typically, benefits for dismemberment vary by the severity of the injury. The full face value is typically paid upon loss of life.
The AD&D Program
All DCU Members 18 to 70 may sign up for $1,000 free coverage. Members 70 and older are eligible for $500 free. Insurance is provided through Affinion Benefits Group and underwritten by The Hartford. Premiums for the free coverage are paid by DCU Financial. Additional family or individual coverage is available at reasonable rates.
All DCU Members 18 to 70 may sign up for $1,000 free coverage. Members 70 and older are eligible for $500 free. Insurance is provided through Affinion Benefits Group and underwritten by The Hartford. Premiums for the free coverage are paid by DCU Financial. Additional family or individual coverage is available at reasonable rates.
* $1,000 coverage ($500 for members 70 and older) is paid for by DCU Financial, LLC for all members who sign up.
| Who Should Participate |
Should I sign up for the free coverage?
Absolutely. This is one of the many benefits of being a DCU member, but you must sign up to receive it. There are no strings attached. Within 90 days after signing up, you will receive information on your coverage. Make sure you keep this with your other insurance papers to make it easier for your family to file a claim. From time to time, Affinion will remind you by mail about your current coverage and give you the opportunity to increase it.
Absolutely. This is one of the many benefits of being a DCU member, but you must sign up to receive it. There are no strings attached. Within 90 days after signing up, you will receive information on your coverage. Make sure you keep this with your other insurance papers to make it easier for your family to file a claim. From time to time, Affinion will remind you by mail about your current coverage and give you the opportunity to increase it.
Should I buy additional coverage?
That's a personal decision that depends on your situation. You need to assess the financial burden on your loved ones if you suddenly lose your life by accident. Adults with children from birth though college-age are often those most in need of life insurance. In addition, younger adults are often more likely to lose their lives by accident than by natural causes. Since AD&D insurance is typically less expensive than regular life insurance, it's an affordable supplement.
That's a personal decision that depends on your situation. You need to assess the financial burden on your loved ones if you suddenly lose your life by accident. Adults with children from birth though college-age are often those most in need of life insurance. In addition, younger adults are often more likely to lose their lives by accident than by natural causes. Since AD&D insurance is typically less expensive than regular life insurance, it's an affordable supplement.
If you purchase additional coverage, additional benefits are included...
- Hospital Income Benefit – If an insured person is hospital-confined for 7 consecutive days due to an accident, the plan pays a benefit of 1% of the Additional Coverage per month retroactive to the first day. The daily benefit will be 1/30th of the monthly benefit. This Hospital Income Benefit pays in addition to any other medical coverage and is payable for up to 12 months.
- Child Care Assistance Benefit – If you, as the Insured Member, select the Family Plan and lose your life in a covered accident, Child Care Assistance benefits will be paid to your beneficiary for each month after your death, not to exceed 24 months, that your dependent child(ren) between the ages of 3 months and 14 years attends a properly licensed child care facility for at least 10 days per month. This monthly benefit for all your eligible dependent children combined is 1/12th of the lesser of: 2% of your Additional Coverage; or $2,000. If at the time of your death none of your children are eligible for this benefit, or your spouse is covered but you have no children, a lump sum equal to $1,000 will be paid to your beneficiary. (Not applicable for residents of IL, NH, NJ, PA, and TN.)
But I have coverage through my employer
Unlike such insurance through your employer, this coverage stays in force if you change jobs. You merely have to remain a DCU member and, if you have more than the free coverage, continue to pay your premiums.
Unlike such insurance through your employer, this coverage stays in force if you change jobs. You merely have to remain a DCU member and, if you have more than the free coverage, continue to pay your premiums.
How are any premiums paid?
They are paid automatically out of your DCU checking account once each quarter.
They are paid automatically out of your DCU checking account once each quarter.
What are the premiums for additional coverage?
The cost is $1.00 per month ($12 a year) for each $10,000 of individual protection and $1.50 per month ($18 a year) for each $10,000 of family protection. The maximum offered is $250,000. Premiums are charged quarterly by ACH automatic withdrawal from your DCU Checking Account.
The cost is $1.00 per month ($12 a year) for each $10,000 of individual protection and $1.50 per month ($18 a year) for each $10,000 of family protection. The maximum offered is $250,000. Premiums are charged quarterly by ACH automatic withdrawal from your DCU Checking Account.
| Contacts and Applications |
If you have questions about the program, your coverage, or a claim, call Affinion directly at 800.252.2148 on weekdays.
You can request an application for free coverage by email, at any DCU branch, or by calling the DCU Information Center at 800.328.8797. Indicate you would like an application for AD&D coverage.
Insurance services are underwritten by Fortis Benefits and offered by Benefits Consultants, Inc. Digital Federal Credit Union (DCU) and DCU Financial are not affiliated with Fortis Benefits and Benefits Consultants, Inc.
 
DCU Financial
220 Donald Lynch Boulevard, Marlborough, MA 01752 • 800.328.8797, ext. 6077 • Email: financial@dcu.org © 2010 DCU Financial
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