6 Insurance Policies That Aren’t Worth the Money

Accidental death and dismemberment

Free or low-cost policies offered by employers usually cover accidents involving death or dismemberment, so there’s no need to buy it on your own, says Joan Antoniello, vice president for personal and corporate insurance planning at Weiser Capital Management. And while the average $15-a-month cost is low, the premiums add up ($180 and more a year) —money that could be better spent on adding some other type of insurance, she says. Here are 16 things you should do to prepare for death before it’s too late.