What type of insurance provides coverage for accidents causing death or dismemberment?

The type of insurance that specifically provides coverage for accidents leading to death or dismemberment is known as Accidental Death and Dismemberment (AD&D) insurance. This type of insurance pays benefits to the insured or their beneficiaries in cases where the insured suffers a fatal accident or loses a limb, eyesight, or other significant bodily functions as a result of an accident.

AD&D insurance typically details the conditions under which benefits are applicable, focusing solely on accidental events, which differentiates it from other forms of insurance like life insurance, which provides a payout upon death regardless of the cause. Health insurance primarily focuses on covering medical expenses rather than offering benefits specifically related to accidental injuries, and property insurance pertains to physical assets rather than personal injury. Therefore, the focus on coverage for the specific risks of death or dismemberment due to accidents clearly identifies Accidental Death and Dismemberment insurance as the correct answer.