What is ADIM?

Accidental Death Insurance for Medical Procedures (ADIM) is insurance that covers unintentional death of the insured during a scheduled medical procedure.

Insurance is a complex space with many products that cover different costs, risks and outcomes in our lives.  While we all have the best intentions to make sure we have adequately covered ourselves and our loved ones from unfortunate events, we often wait until something urgent reminds us of a risk to act. One such event led Samos to create Accidental Death Insurance for Medical Procedures (ADIM) to give those faced with the uncertainty of surgery an additional option. 

ADIM is most closely related to two other common insurance products; Term Life and AD&D.  While ADIM does not replace either of these types of insurance; it does complement them in providing additional coverage or standalone coverage for those who may not be able to obtain either Term Life or AD&D either due to pre-existing conditions or timeline constraints.  It is always critical to consult with financial and insurance professionals when it comes to your health and financial planning.

To make things easier, we’ve put together a summary of the most common types of insurance products.

If you have any questions about Samos’ Accidental Death Insurance for Medical Procedures (ADIM), please email, call, message using the chat bot below or complete our contact form

Accidental Death Insurance for Medical Procedures (ADIM)

  • What is it? On demand accidental death policy covering elective surgeries from admission to discharge. No medical exams, waiting period, or monthly payments
  • How does it work? Should you have an accidental death due to surgery between admission and discharge ta a medical facility, your listed beneficiary gets paid the benefit amount
  • What’s typically excluded? Coverage is limited to elective surgeries currently covered and only covers accidental death, not dismemberment/injury due to surgery

Life Insurance

  • What is it? Covers death due to both natural causes or accidents (within certain exclusions or time periods)
  • How does it work? A term or permanent life policy is signed (sometimes including a medical exam) and monthly premium payments are made till the maturity date or date of death
  • What’s typically excluded?  Dismemberment / disability and specific cases such as committing suicide within 2 years of getting the policy, for example. This varies between insurance policies & providers

Accidental Death & Dismemberment (AD&D) Insurance

  • What is it? Covers unexpected death or injury / dismemberment - not due to natural causes (eg: illness)
  • How does it work? On demand policies covering accidental death that can either be standalone or additional coverage in case of unpredictable events
  • What’s typically excluded?  Typically doesn’t cover death due to medical treatment or surgery

Health Insurance

  • What is it? Covers the cost of medical treatments (eg: dental, vision, prescription drugs, medical intervention)
  • How does it work? If you’re an Ontario resident or full time employee in the province, you’re automatically enrolled in OHIP or employer / group health benefits plans. You could also purchase separate individual health insurance  plans for medical treatment coverage
  • What’s typically excluded? Injury or death. Employers usually offer optional life, AD&D or critical illness policies employees can pay for themselves