Insurance Policy Definition Of Accident
Injuries are divided up into categories to better assess risk and coverage.
Insurance policy definition of accident. There are several key phrases in this definition that merit a closer look. Let’s now discuss the key highlights of group insurance plan in greater details. In insurance parlance, a term that is included within the insuring agreement of many types of liability insurance.
An accident which leaves you permanently disabled, forcing you out of work, and often requiring medical treatment, care, and the modification of your. Accident insurance is a type of insurance where the policy holder is paid directly in the event of an accident resulting in injury of the insured. By definition, an accident policy will pay benefits as outlined in the policy for a covered accident.
Insurance providing compensation for accidental injury or death | meaning, pronunciation, translations and examples For example, on construction sites. What is personal accident cover?
Personal accident insurance is popular with people who work in environments where serious accidents are more likely to occur. Insurance against bodily injury or death because of accident. The word accident is derived from the latin verb accidere, signifying fall upon, befall, happen, chance. in its most commonly accepted meaning, or in its ordinary or popular sense, the word may be defined as meaning:
Accident insurance policy synonyms, accident insurance policy pronunciation, accident insurance policy translation, english dictionary definition of accident insurance policy. An insurance policy that provides coverage when the policyholder (or his/her dependent) becomes ill, is injured, or dies from an accident. Accident and health insurance may cover doctor's visits, medical procedures, prescription drugs, and so forth.
Accidents, many times, create serious financial issues for the injured and their dependents. An insurance policy that provides coverage if the policyholder (or his/her dependent) is injured or dies as the result of an accident. But a life insurance policy covers the death of a policyholder irrespective of the cause of death.