Accidents or illness may affect your income, if they strikes, the family’s finances could be threatened. Thus, Accident Insurance can provide financial support to the insured and the family.
The coverage of an accident insurance generally includes:
- accidental death
- dismemberment
- permanent disablement weekly allowance during the period of temporary disablement
- medical expenses arising from the treatment of the injury
Points to Note
Some insurance companies claim the amount may vary according to consumper price index.
The issue age ranges from 15 day ages to 80 years (terms should be noted carefully)
There are exclusions of types of the accidents are covered:
- death by illness
- suicide
- overdose with toxic or poisonous substances
- engagement in dangerous activities
- war injury
- death while under the influence of any non-prescribed drugs or alcohol
