Personal Accident Insurance-Personal accident insurance is a type of insurance that is quite popular. Ads are many insurance products we see in the newspapers, internet, and even television. Its simplicity makes this insurance can be distributed directly without going through an agent or other financial professional.
You can get accident insurance as a stand-alone policy or as an additional product of the primary insurance policy. Variety and benefits of accident insurance coverage varies greatly among companies. Now there is even a personal accident insurance product that provides additional protection from dengue fever!
Here are some of the types of benefits that may be covered under personal accident insurance:
1. Compensation for death due to accident (accidental death)
If you die in an accident whatever, then your heirs will receive a certain amount of money compensation. This insurance like term life insurance / eka time but only covers accidental death protection. Deaths from the disease are not guaranteed.
Because of the possibility of death due to accidents is much smaller than the die of the disease, the premium rates are very low for this protection. If you have good health, you can save a lot by buying accidental death policy.
2. cash compensation
Accident insurance can pay a sum of money (per diem) if you have a permanent disability due to accident. To ensure that you have a permanent disability, usually a doctor's statement is required after a period of respite.
The definition of disability vary between policies. There is a policy that pays benefits when you experience limb loss (disability). Other policies will only pay if you lose a limb (dismemberment). If an additional benefit of accidental death insurance, the amount of compensation is usually expressed as a percentage of death benefit. For example, if you lose your thumb and index finger on the same hand, you will get 25 percent of the death benefit.
3. disability benefits
If your disability or temporary disability that can not work anymore, accident insurance can provide you with a monthly living allowance of a certain amount until you recover or until a certain maximum.
4. health insurance
Personal accident insurance can provide for the cost of medical evacuation, health care, medical and rehabilitation accident up to a certain maximum.
You can get accident insurance as a stand-alone policy or as an additional product of the primary insurance policy. Variety and benefits of accident insurance coverage varies greatly among companies. Now there is even a personal accident insurance product that provides additional protection from dengue fever!
Here are some of the types of benefits that may be covered under personal accident insurance:
1. Compensation for death due to accident (accidental death)
If you die in an accident whatever, then your heirs will receive a certain amount of money compensation. This insurance like term life insurance / eka time but only covers accidental death protection. Deaths from the disease are not guaranteed.
Because of the possibility of death due to accidents is much smaller than the die of the disease, the premium rates are very low for this protection. If you have good health, you can save a lot by buying accidental death policy.
2. cash compensation
Accident insurance can pay a sum of money (per diem) if you have a permanent disability due to accident. To ensure that you have a permanent disability, usually a doctor's statement is required after a period of respite.
The definition of disability vary between policies. There is a policy that pays benefits when you experience limb loss (disability). Other policies will only pay if you lose a limb (dismemberment). If an additional benefit of accidental death insurance, the amount of compensation is usually expressed as a percentage of death benefit. For example, if you lose your thumb and index finger on the same hand, you will get 25 percent of the death benefit.
3. disability benefits
If your disability or temporary disability that can not work anymore, accident insurance can provide you with a monthly living allowance of a certain amount until you recover or until a certain maximum.
4. health insurance
Personal accident insurance can provide for the cost of medical evacuation, health care, medical and rehabilitation accident up to a certain maximum.
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