The premium costs for AD&D policies are very cheap when compared to a “regular” life policy. The rates vary by company and depending on which kind of coverage and benefits you want, but you can already get a death insurance policy for as low as $60 per year. Often it is offered in the form of a rider as an inexpensive supplement to a life insurance policy to get fuller coverage or double indemnity.
If you don’t qualify for a regular life insurance policy an accidental death insurance can provide a certain measure of protection in case of a tragedy. An AD&D policy is sometimes ironically compared to a lottery system because of the restrictive enumerations in the contract: payout only happens when death or dismemberment occurs due to unlikely events. Only a statistically small amount of deaths each year can be atrributed to these unlikely events and consequently merit a payout of the benefits.