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Q: What is capital sum in an accident policy?
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What is the criteria for compensation provided under the Individual Personal Accident Policy?

Following are the criteria for compensation Under the Individual Personal Accident Policy: 1. If the accident results in death, the full Capital Sum Insured must be paid to the Insured beneficiaries. 2. In accident if the insurer get permanent disability i.e The total loss of both the eyes or two limbs or one eye, the full capital sum insures is payable. 3.In case of the accident result in partial disablement of certain parts of the insures's body, then only the specific percentage of the capital sum insured will be paid. 4.If there is disability excluding injuries that are not visible through medical test like sprain, muscular spasms, etc Then all the benefits listed above have to be paid plus 1 percent of capital sum insured.


What is accident policy?

An accident policy is an insurance policy that will pay all or a portion of medical expenses incurred in the course of an accident.


Is there any limit for accident benefit in life insurance?

In life insurance policy, you can have accidental coverage equal to the sum insured amount, by paying extra premia. By this way, you can avail accidental coverage policy in a life insurance policy.


What is meant by double accident benefit in life insurance policy?

Suppose Sum Assured (SA) on your insurance policy is Rs. 1 crore. Then if it has a Double Accident Benefit (DAB) rider then, in case of your accidental death, the nominee would get double the SA i.e. Rs. 2 crore.


What are the ratings and certificates for An Accident Policy - 1915?

An Accident Policy - 1915 is rated/received certificates of: USA:Approved


If you give a family member who has their own insurance policy permission to drive your car and they get into an accident which policy covers the accident?

the policy that covers the car that is being driven.


Can your insurance company cancel auto coverage after you had an accident?

If you have an accident in the first 60 days of your policy,, Yes They can cancel your policy


What is a share capital?

This is the sum of money the shareholders pay into which is called the share capital This is the sum of money the shareholders pay into which is called the share capital


Working capital policy in reliance industries?

reliance company in warking capital policy


When an operator on a policy get in an accident who gets surcharged the operator or the policy holder?

That will be the policy holder.


Can you cash out an accident death policy?

no


What is an accident based insurance policy?

The term "accident insurance" applies to life and health insurance policy's that will only pay claims that result from an accident. Example: A person who owns an accident-only disability policy falls ill from cancer. The policy will not pay any claims as a result of the cancer. If the same person fell down a flight of stairs, the policy would pay.