Redstone Federal Credit Union

r e d f c u.o r g | 9 R E D S T O N E I N S U R A N C E S E RV I C E S Some accidents that result in death and injuries may not qualify for an AD&D payout, such as: › Alcohol or drug use › Suicide or self-inflicted injuries › Extreme sports like scuba diving or skydiving › Mental illness Here are some examples of what standard life insurance covers: › Accident › Any illness › Old age AD&D insurance is not a form of standard or traditional life insurance. Review your current policies to be sure the coverage you have in place meets your expectations. Accidental Death and Dismemberment (AD&D) insurance is not the same as standard life insurance. While they do have similarities, examine the circumstances in which these policies pay out and decide which is best for you and your family. What is the purpose of AD&D and a standard life insurance policy? › An AD&D policy pays your beneficiary for an accidental death or accidental injuries that meet the requirements for a claim listed in the policy. › A standard or traditional life insurance policy provides funds to your named beneficiary regardless of the cause of death, with an exception for suicide within the first two years of owning the policy. What are the requirements for AD&D versus standard life insurance? › AD&D has minimum requirements and does not require a medical exam for approval. › Standard life insurance often requires a medical exam, and you can be denied coverage. Here are some examples of what AD&D covers: › AD&D covers death resulting from a car accident, but does not cover death from a heart attack. › AD&D can cover injuries that don't result in death. As an example, an injury that paralyzes you, causes loss of limb, or results in the inability to speak or hear may be covered. Redstone Services Group SM , LLC d/b/a Redstone Insurance Services, is a wholly owned subsidiary of Redstone Federal Credit Union ® (RFCU ® ) but are separate entities. Redstone Services Group, LLC is a licensed insurance agency that sells insurance policies issued by third- party insurance companies. The insurance products are not products or obligations of RFCU, are not NCUA or federally insured, and are not endorsed, warranted, recommended, or guaranteed by RFCU or any government agency. The insurance products may be offered by a dual employee who also sells insurance products on behalf of a third-party insurance company. RFCU and its affiliates are committed to fair, equitable, and nondiscriminatory practices. Contact LeKeisha Garner, Life Insurance Specialist, at 256-722-8301. Ask about designing a portfolio to help protect your family before the need arises. AD&D VS. LIFE INSURANCE – Know the Difference

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