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In insurance speak, personal accident insurance is defined as an unintentional accident due to external, violent and visible means. Personal accident policies cover you for one or more of four contingencies in the event of an accident: death, permanent total disability, permanent partial disability and total disability.In the event of such contingencies, a personal accident policy will provide for payment of a lump-sum, either the full sum or a percentage of it.
Besides death due to natural cause, personal accident policies don't cover disability or death due to:
1. War and nuclear perils, civil disorders, flying in an aircraft as a pilot or crew member, and breach law with criminal intent.
2. Driving or riding in any kind of race, playing professional sport, intentional self-injury, suicide, pregnancy, sickness or disease.
3. Any existing disability.
4. Any injury sustained under the influence of liquor or drugs.
What else can I help you with?
Will life insurance pay in the event of a car accident?
There are very few exclusions in a life insurance policy so it should.
What are the exclusions for credit life insurance?
What are the exclusions for obtaining credit life on a loan
What is the difference between exclusions and endorsements in an insurance policy?
endorsements are simple exclusions arent.
Does your parent's insurance cover you if you get in an accident when driving a friend's car?
secondary to the policy insuring the vehicle you drove with permission....barring any exclusions on your parents policy ....
Who pays when there is an accident involving a vehicle that is insured by someone other than the owner of the vehicle?
Insurance stays with the vehicle, barring any policly exclusions to the contrary, the insurance that covers the vehicle covers that vehicles actions. If you allow someone to drive your vehicle and they have an accident that is their fault your insurance will be the one that takes care of the damages.
If you have a suspended license and full coverage insurance and get involved in a single car accident due to medical reasons will the insurance company pay?
Maybe, it will depended on the policy wording and exclusions, you need to turn the claim in for a decision.
What is the definition of leaving the scene of an accident?
The definition of leaving the scene of an accident is a person who flees an accident after being part of it. They drive off without giving insurance information or waiting for the police to arrive at the scene.
If a friend borrows your car and you did not know he has a suspended license will insurance pay for damages caused by an accident he had?
Yes, generally barring any exclusions in your policy if he had your (owners) permission to drive.
Will your insurance cover an accident if someone else was driving your car with a revoked license?
Barring any exclusions in your policy if the driver had your permission to drive they will be considered an insured driver thus afforded coverage.
What are clauses in the insurance contract that specify the losses that are not covered by the insurance?
There are 2 categories of these: exclusions and exceptions.
Do Life Insurance cover you in the Philippines?
Life insurance is indiscriminate on where you die. There are often specific exclusions on how you die however.
If you have Term Life Insurance do you need to purchase Personal Accident Insurance as well?
I like the following answer. Check with your state insurance commissioner and get the brochure. Read about the exclusions. At last count, it was at 15. I always advise: stay away from accidental death. Too many variables. Too many chances for the insurance company to not pay, and too few for the survivor to collect.-------------------------No. In fact there have been studies that clearly show accidental death insurance is nothing more than a profit maker for the insurance companies that sell it. Very few people die in an accident. If you need insurance buy insurance, but don't ever count on accident insurance to meet your familes insurance needs.AnswerTerm Life insurance is usually low cost and therefore does not include coverage against personal accident insurance. You will need to purchase Personal Accident Insurance separately. Certain whole life policies may ride personal accident insurance. You would need to shop around for free riders like this. Make use online insurance companies who can easily help you search for these.
