dismemberment insurance works

Some policies pay double the face amount for injuries or deaths due to accidents while riding as a fare-paying passenger on a bus, train, plane, ferry or taxi.

• A percentage or the full face amount for an injury, depending on its seriousness. For example, you might collect 25% if you lose a thumb and index finger on the same hand, 50% if you lose a hand or foot or sight in one eye, and 100% if you lose two or more limbs or sight in both eyes.

Compare that to life insurance, which pays money to your beneficiary if you die from any cause — such as accident, illness or old age — except for suicide during the first one or two years of the policy, depending on the state