Personal accident insurance () - Accidents caused by transport lately increased, even the NTSC (National Committee Chairman Safety transportation) noted the death toll from the crash mode of transportation in 2011 increased by 174 percent compared to 2010. Most of these accidents caused by human error factor of 52%. While technical factors reached 42% and 6% environment.
Certainly no one is expecting the arrival of a disaster or a victim of an accident, but unexpected things can happen anytime and anywhere. It's good that we know what personal accident insurance article?
Personal Accident Insurance (Personal Accident Insurance) is a life insurance product that provides protection accident if the insured had an accident resulting in death or permanent disability whole or part of a limb.
Benefits and Protection of Personal Accident Insurance (Personal Accident Insurance)
If you died in the accident insurance period, the heirs will receive compensation amounting to 100% of the sum assured.
If you are experiencing a total permanent disability due to an accident during the insured, the beneficiary will receive compensation amounting to 100% of the sum assured.
If you are experiencing a partial permanent disability due to an accident in the insurance period, will be given compensation amounting to a percentage of the sum insured (in accordance with applicable regulations).
If you experience any hospitalization due to an accident in the insurance period, the hospital will be given compensation of up to a maximum of 10% of the sum insured for each accident. The maximum total benefit payment is 50% of the sum insured in the first policy year for several accidents
Personal accident insurance (Personal Accident) will transfer the risk of financial loss which would you / family experienced when the unfortunate accident, but can not prevent you from disaster risk itself.