What type of insurance will pay for the loss of the insured's leg or arm?

Accidental death and dismemberment is one kind of insurance that may pay for this loss. Also, some life insurance policies provide for the payment of part of the proceeds in a situation like this. However, in many cases, the insured may have to have sustained the loss of more than one limb or bodily function (such as eyesight, coupled with loss of a limb) to recover.

Disability insurance is another possibility if the loss of the limb renders the insured unable to work. This is more complicated, as it depends greatly upon the type of disability policy involved and the functional incapacity sustained by the injured person.