Purpose Of Personal Accident Insurance
2.0 Purpose of Personal Accident Insurance .
1) To give protection during accident.
Personal accident insurance will cover against injury,death and disability due to an accident. Its also cover all kind of accidents ,either minor or major such as hit by a car and accidently have a food poison. Thus , at least it will cover us if we are having any kind of accident .
2) To protect ourself against the financial constraint
Nowadays ,there is a lot of accident news in the newspaper and some of the accident even causes death. Thus,we will never know when accident will happen to us because its absolutely unpredictable.The injury after an accident will wipe out a huge amount of our financial savings to cover a lot of expenses such as medical expenses and car expenses. Thus, with this insurance,we dont have to be worry anymore because its will protect our financial savings.
3) To reduce family burden
When we having an accident especially major accident such as car accident,it will automaticaly make us having an injury and in some cases will cause death. If our family only rely on us in the financial aspect , they will lost their financial sources if we died or temporary disable. Thus,with this insurance it can reduce the financial burden of our family at least for a few month.
4) To covers area which did not cover by life insurance
Some of the thing such as partial permanent disablement and temporary total disablement did not cover by life insurance. Thus, people will take this personal accident insurance in order to extend their coverage of insurance. So,they will not worried if anything bad happen to them in future because the insurance cover most part of their life .
1) To give protection during accident.
Personal accident insurance will cover against injury,death and disability due to an accident. Its also cover all kind of accidents ,either minor or major such as hit by a car and accidently have a food poison. Thus , at least it will cover us if we are having any kind of accident .
2) To protect ourself against the financial constraint
Nowadays ,there is a lot of accident news in the newspaper and some of the accident even causes death. Thus,we will never know when accident will happen to us because its absolutely unpredictable.The injury after an accident will wipe out a huge amount of our financial savings to cover a lot of expenses such as medical expenses and car expenses. Thus, with this insurance,we dont have to be worry anymore because its will protect our financial savings.
3) To reduce family burden
When we having an accident especially major accident such as car accident,it will automaticaly make us having an injury and in some cases will cause death. If our family only rely on us in the financial aspect , they will lost their financial sources if we died or temporary disable. Thus,with this insurance it can reduce the financial burden of our family at least for a few month.
4) To covers area which did not cover by life insurance
Some of the thing such as partial permanent disablement and temporary total disablement did not cover by life insurance. Thus, people will take this personal accident insurance in order to extend their coverage of insurance. So,they will not worried if anything bad happen to them in future because the insurance cover most part of their life .