With Accidental Death & Disability Insurance (AD&D) you can help preserve your family’s most valuable asset — your home.
AD&D helps ease the financial burden for your loved ones if you are involved in a covered accident and suffer injury or an accidental death.
Acceptance is guaranteed if you are 18 years of age or older. No medical exam is required to enroll.
|Basic AD 250||AD 500||Bronze AD|
|Accidental Death benefits range from:||$10,000 to $250,000||$5,000 to $500,000||$5,000 to $250,000|
|Accidental Death benefit is payable to:||Your named beneficiary||Your mortgage company||Your mortgage company|
Helps ensure that your family can pay major life expenses.
Pays a lump sum benefit that is based on your outstanding mortgage loan amount at time of loss or a flat amount depending on plan selected.
|Accident Only Disability
Provides financial support while you recover from an accident.
Pays a one-time lump sum benefit for a disability resulting from an injury accident.
|Permanent and Total Disability
Provides a financial supplement to help you cope with these circumstances.
Pays up to 25 months of benefits if you become permanently and totally disabled due to an accident.
|Level Accidental Death
Provides additional financial support to your named beneficiary.
Pays an additional flat benefit payment to your estate or named beneficiary in the event of your accidental death.
THIS IS ACCIDENTAL DEATH AND DISABILITY INSURANCE ONLY.
* Limitations and exclusions apply. Plans are not available in CO, MN, NM or NY. In all other states, plans and benefits may vary.
1This benefit is not available in GA.
Where available: Basic AD 250, AD 500 and Bronze AD are underwritten by Union Security Insurance Company and administered by American Bankers Insurance Company of Florida (ABIC). ABIC operates under the trade name Assurant (NAIC 70408; principal address 2900 SW Wannamaker Drive, Suite 204, Topeka, KS 66614, 816-474-2345. Jurisdiction: Kansas and all states in the United States, except NY; Domicile: KS).
You understand and acknowledge that (a) the purchase of insurance or other similar products from a particular source is not a condition to the provision of, and will not affect the terms of any loan or extension of credit by Freedom Mortgage Corporation or its affiliates, (b) insurance and other similar products are available through insurance agents not associated with Freedom Mortgage Corporation or any of their affiliates, (c) the choice of another insurance provider will not affect a decision relating to, or the terms of, any loan or extension of credit by Freedom Mortgage or its affiliates and (d) you accept and assume full responsibility for the evaluation, selection and suitability of insurance or other similar products./>