Are there other ways to enroll?
Simply call 1-844-269-1292 toll free and a friendly representative will assist you. Once you receive your Insurance Policy in the mail, you can request additional coverage of up to $300,000.00 for you. You can request coverage for your family as well.
How much additional coverage may I choose?
You alone can decide how much coverage you need. This AD&D Insurance has four coverage levels from $50,000.00 to $300,000.00. You may want to consult a trusted advisor as to how much coverage is right for you.
Can I get insurance for my spouse and family, too?
Spouses and unmarried dependent children may be insured under the family plan. If you choose the family plan, spouses are insured for 50% of your additional coverage amount. Dependent children are each insured for 20%.
Do I have to take a medical exam or answer a lot of health questions?
No medical exams, blood tests, or health questions are required to get and keep this coverage.
What coverage is provided by this insurance?
This insurance provides Accidental Death and Dismemberment benefits in the event of a death or loss of life, limb, sight, speech, or hearing as the result of a covered accident. Please refer to your Summary of Benefits, or once insured your Insurance Policy for specific details of terms and exclusions.
When does coverage begin?
Your effective date will be shown on your certificate/policy of insurance that you will receive within 15 days of our receipt of your activation form. Please note that your effective date may be delayed depending on the billing cycle of your financial institution. Please be sure to review your certificate/policy of insurance upon receipt to determine your effective date.
Are there any additional benefits?
You automatically receive the following benefits when you select added coverage:
Common Carrier - this benefit pays twice the elected benefit amount if your loss occurs due to a covered accident while you are in, entering, or exiting a common carrier.
Education Expense (not available in GA and PA) - if you suffer an accidental death, this benefit reimburses education expenses (up to the maximum shown in the Insurance Policy) for each dependent child who is enrolled as a full-time student in an institution of higher learning.
Home Alteration or Vehicle Modification (not available in CO, KS, MT, NH, NM, OH, WA) - If the Insured Person suffers a covered Loss due to Accidental Bodily Injury, this benefit will reimburse charges up to 2% of the Principal Sum or a maximum of $2,500 for modifications made to the Insured Person's primary residence to make accessible or habitable or to a Private Passenger Automobile to make accessible or driveable.
In-Hospital Benefits - this benefit pays $50 per day for each day of hospitalization that is the result of an accident, to a maximum of 365 days.
Please refer to your Summary of Benefits, or once insured, your Insurance Policy for specific details and availability in your state for additional benefits.
What exclusions apply?
Exclusions may vary based on your state of residence. Please review the Summary of Benefits
for the exclusions in your state.
Who provides this insurance?
Federal Insurance Company, a Chubb company, is the underwriter.
What is a "Common Carrier"?
Common Carrier means any motorized land, water or air conveyance licensed for the transportation of passengers for hire and operated by an employee or an individual under contract. For example, commercial airlines, trains, buses, cabs, and ferries. Common Carrier does not include any conveyance used for recreational activities.
Who is covered under the Family Plan?
The Family Plan would provide coverage for yourself, your spouse and any eligible dependent children that you may have. Please refer to your Insurance Policy for more detailed information.
Is there an age cutoff?
There is no termination age. However, in most states, all coverage is reduced by 35% at age 70 and older. Please see the Summary of Benefits below for details.
Does this policy have a cash value?
No. There is no cash value for this insurance.
What if I have other insurance?
This insurance will pay all benefits due to a covered accident regardless of any other insurance that you may have.
Who can I name as my beneficiary?
Name anyone or as many beneficiaries as you would like.
Are on-the-job accidents covered?
Yes. Your coverage is effective 24 hours a day, anywhere in the world.
Who is Franklin Madison Group LLC? Who is MyOnlineInsurance?
Franklin Madison Group LLC is the Plan Administrator for this insurance coverage. www.MyOnlineInsurance.com is the members-access website service, sponsored and wholly owned by Franklin Madison Insurance Services LLC.
How will I be billed for my coverage?
There is no charge for the complimentary coverage. American Business Women's Association pays it in full for you. Additional coverage you select will be conveniently billed to the account provided at the time of enrollment.
What day does the premium come out of my account?
About the 5th day of your billing cycle due date.
How do I file a claim?
You can receive and complete our Insurance Claim Forms by calling our Claims Department at 1-800-252-2148. A representative would be glad to assist you in filing a claim.
How long does it take to process my claim?
For all benefits payable under the policy, the insurer will pay the Insured Person or beneficiary the applicable Benefit Amount within 60 days of receiving complete Proof of Loss.
Why do you need my hospital records to process a claim?
These records are required by the insurance company to verify that the primary cause of death/dismemberment was due to a covered accident because this is Accidental Death and Dismemberment insurance.
What if I can't get an accident report?
Enclose name or business card of the investigating officer with your claims forms. The insurance company can then get in contact with the police directly for additional information that may be required in adjudicating your claim.