As an Alabama Telco Credit Union member, you may sign up to get $2,000 in free Accidental Death and Dismemberment Insurance. Alabama Telco offers additional coverage of up to $250,000 at competitive rates. Payments are made directly from your Checking or Savings (Share) Account.
Accidental Death and Dismemberment Insurance (also known as AD&D) is a form of insurance covering death or specific types of injury as a result of an accident. In the event of accidental death, this insurance will pay benefits in addition to any life insurance held. Death by illness, suicide, or natural causes is generally not covered by AD&D. Additionally, AD&D generally pays benefits for the loss of limbs, fingers, sight and permanent paralysis. The types of injuries covered and the amount paid vary by insurer and package, and are explicitly enumerated in the insurance policy.
To enroll for Accidental Death and Dismemberment Insurance click here or visit one of our branch locations.