Accident insurance aims to provide services and pay compensation that cause the death or permanent disability of the insured. In the event of death, family members or heirs will receive compensation. If you have an accident, accident insurance would cover medical expenses. These are some of the main benefits of having an accident insurance policy.
Benefits of having an accident insurance policy
Some of the benefits of having an accident insurance policy are as follows:
- Accidental death: The insurer will pay the beneficiaries designated by the policyholder or, failing that, the legal heirs, the fixed capital if the insured dies as a result of circumstances provided for in the policy.
- Permanent and total disability: The insurer will pay the insured the capital established in the policy in case of permanent and total disability, caused by accident, when the accident causes injuries such as:
- -Total blindness
- -Mental derangement.
- -Complete paralysis, etc.
- Permanent and partial disability: The insurer will pay a percentage of the insured capital for this guarantee, according to the greater or lesser severity of the injury and according to a table or scale specified in the general conditions of the policy.
- Health Care Guarantee: The insurance can cover the provision of medical-pharmaceutical and hospital care as a result of an accident.
So, an insurance policy is not only a luxury as many people think. It is necessity, the need to feel covered in the event of any medical event or accident that may occur unexpectedly. An accident can happen at any time and having an accident insurance policy is one way to be prepared for it.
Perhaps it cannot prevent you from having an accident, but it can avoid complications due to waiting time in hospitals or medical centers where they cannot help you in time.
Check with your insurance advisor and be sure to hire the policy that best suits your needs.
