Accident is an unexpected, undesirable, unintentional mishap that damages, injures or harms the human or property. However, personal accident is injury to the body, mind and emotions and not to the property. Accidents may lead in great losses. Thus, a better way is to secure oneself and family from the unavoidable, undesirable after effects of personal accidents. Personal injury may be due to various reasons road traffic accidents, accidents at home, holiday accidents, product defects, etc. It also involves medical as well as dental accidents. Personal accidents may also include occupational accidents or industrial accidents.
Now, in order to treat the injured body due to personal accident you need huge lump sum money as treatment expenses are high. These expenses may become burden for you even after you recover from the accidents. Therefore, it is necessary for you get financial support at least during such crucial times. Now, you can protect yourself and your beloved financially from the disability caused through personal accidents with the help of personal accident insurance. Accidental death, dismemberment, loss of vision and hearing pays benefit in accidental death insurance. Personal accident insurance as a benefit may include the bank account and also travels insurance.
The eligibility for applying for personal accidents generally is that the proposer must work twenty hours per week, or temporary full time benefit employees must be designated as �greater than six month assignment�. It can be purchased for oneself, spouse, and children. One can easily enrol by selecting coverage online. Coverage amounts selected online must be within 31 days from the date of eligibility. Personal accident insurance mostly covers death, personal total disablement and also loss of limb. These policies are usually considered if proposers suffer from body injury and death. If the death or body injury is due to natural process, sickness and disease, then the consumer won’t be given the benefit of personal accident insurance policy. This means that it covers injuries caused only due to accidents resulted out of men’s fault. So, this insurance is given only when it becomes clear that the cause of injury or death is the outcome of accident and not any other factor.
Companies give the personal accident insurance after considering the following questions:
Was the mishap really an accident?
Is death or injury to the body really accidental if it occurred in any relation to the surgery?
Were there contributory factors like illness, disease condition or degeneration?
What if there are factors other than accident?
What if existing disability is further worsened in second accident?
One of the most important things you will notice in these policies is that these protect only against accidental death and injury to the body caused due to personal accidents. Considering this, consumer must carefully learn as to what is going to be the best suited policy for him or her. And yes of course, the person has to be choosy as to what policy he/she is selecting as it is a matter to live better independently.
