Which of the following statements about group accidental death and dismemberment (AD&D)insurance is (are)true?
I.The principal sum is paid if the employee dies in an accident.
II.A percentage of the principal sum is paid for certain types of dismemberments.

Question

Quizplus · Accepted Answer

Group accidental death and dismemberment insurance pays the principal sum if the employee dies in an accident (statement I is true). Additionally, a percentage of the principal sum is paid for certain types of dismemberments (statement II is also true). Therefore, both statements I and II are true.

Which of the Following Statements About Group Accidental Death and Dismemberment