Personal Accident Insurance

Personal Accident Insurance - Accidents caused by transportation lately increased , even the NTSC ( National Salvation Committee Chairman transportation ) recorded death toll from transportation accidents increased 174 percent during 2011 when compared to 2010 . Most accidents are caused by human error factor of 52% . While technical factors reaching 42 % and 6 % environment .
Of course no one expects the coming disaster or accident victims , but unexpected things can happen anytime and anywhere . It's good to know what is 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 that resulted in death or permanent disability all or part of a limb .
Benefits and Protection Types Accident Insurance ( Personal Accident Insurance )
If you die in an accident in the coverage period , the beneficiary will receive compensation amounting to 100 % of the Sum Assured .
If you experience total permanent disability due to an accident in the insured period , the beneficiary will receive compensation amounting to 100 % of the Sum Assured .
If you are experiencing a partial permanent disability due to accident within the coverage period , will be given compensation amounting to a percentage of the sum assured ( in accordance with applicable regulations ) .
If you are experiencing a hospitalization due to an accident within the coverage period , then the hospital will be given compensation up to a maximum of 10 % of the sum insured for any accidents. The maximum total benefit payment is 50 % of the sum assured in the first policy year for several accidents
Personal Accident Insurance ( Personal Accident ) would shift the risk of financial loss to you / family experience when the unfortunate accident , but can not prevent you from disaster risk itself.