Which of the following provides financial support for specified loss from an accident?

The Accidental Death and Dismemberment (AD&D) Policy specifically provides financial support in the event of losses that occur as a direct result of an accident. This type of policy typically pays a benefit if the insured dies or suffers a severe injury, such as losing a limb or eyesight, due to an accident. The focus of AD&D coverage is on accidental events, distinguishing it from other types of insurance that may cover broader health issues or injuries resulting from non-accident-related causes.

In contrast, basic insurance generally provides coverage for a range of basic healthcare services but does not specifically address losses due to accidents. A group disability income policy is designed to replace income lost due to a temporary or permanent disability, which may not specifically tie benefits to accidental incidents. Major medical insurance focuses on covering a wide range of healthcare expenses resulting from illnesses or injuries, but it doesn’t provide specific financial support for accidental losses in a direct manner like an AD&D policy does.