Popular in Course
verified elite notetaker
Popular in Finance
This 2 page Document was uploaded by an elite notetaker on Monday December 21, 2015. The Document belongs to a course at a university taught by a professor in Fall. Since its upload, it has received 11 views.
Reviews for Accident-Insurance
Report this Material
What is Karma?
Karma is the currency of StudySoup.
You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!
Date Created: 12/21/15
Accident Insurance Every day we rise with the expectations to gain something. Every new day brings a new change in our life. As we all know whatever happens, life moves on, people come and go still the race is on. The above mentioned lines are given true meaning by the Insurance companies who speak about getting prepared before misfortune hits as time never stops we have to move ahead every day. Generally, what people do, they enjoy in good times and, during bad times they just hope for the best to happen. One should definitely enjoy during good times, but should also keep a partial insured plan in mind for misfortune which can come at any moment. Insurance is a service provided by companies who help you to save some amount of your good times for the sake of fulfillment of urgent needs in bad moments. Nobody wants to think of the dreadful seen by accident, but still we all know in this speedy world we cannot depart ourselves from thetruth that happiness and sorrow is always following us. The innumerable vehicles, infrastructures, equipments around are just machines and can malfunction or can hamper human body anytime, for example bike accident, machinery malfunctioning etc. Hence it is a smart decision to get insured before the time hits. Small premiums can compensate us with a large sum at the needful time. Many aspects can be seen in the accidental plan, but one should prefer a good insurance in case of accidental plans as life costs all we earn and if you are the only source of income in the family, then you should definitely get insured withvery good sum assured plans so that if any misfortune hits you, then you are assured that the insurance will support your dear ones for whom you are struggling day and night. The peace of mind is the best output of getting insured. Some criteria of accident insurance are: Death in case of accident. Partial or permanent disability. Total and permanent disability. Daily cash hospital benefits to regain. Income cover as working after the accident is not possible. Some limitations are: suicide, workers of the mines or cables highly charged, drugs addicted, military or aviation employee, death in the riots and war, self-adventure, intoxicated stage accidents. Finally, we can say that when any misfortune hits you in case of consciousness on roads or clauses mentioned stages in accidental policy which are very general, can help you a lot for your future conditions and also your loved ones or your dependents.
Are you sure you want to buy this material for
You're already Subscribed!
Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'