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What is accidental death and dismemberment coverage

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Reference no: EM131915247

Question -

1. What is Accidental Death and Dismemberment coverage?

2. What type of allowance or benefit would this be cash or non-cash? taxable or non-taxable?

3. What amount would be included in the employee's income?

4. What impact would this have (if any) on any statutory deductions for employees?

5. What would be the impact on their net pay?

Reference no: EM131915247

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