Group term life insurance pays a benefit to your beneficiary if you die while covered (often 1–2× salary as employer-paid “basic,” plus optional employee-paid amounts). AD&D pays a separate benefit only for death or specified injuries caused by an accident; it’s much narrower and is not a substitute for life insurance.
Life Insurance
Group term life and AD&D coverage provide a benefit to an employee’s beneficiary. These FAQs explain how group life insurance works and how it differs from AD&D.