$20,000
accidental death and dismemberment
Most important: READ YOUR POLICY!!!!!!!! Most policys prorate based on the severity of the dismemberment; i.e. If you policy is for 100,000 and you lost a finger, you may get 250.00 (or 2500.00 for a thumb), but you would only get the whole 100,000.00 for loss of either both arms, or both legs. The bad thing is, after the policy pays, it usually cancels. In other words, if you pay 20 dollars a month for 10 years and end up getting paid for the loss of a finger (250.00) the policy is now void. So again: READ YOUR POLICY!!!!!
loss of a body part. usually a limb, or part of a limb.
Accidental death and dismemberment is one kind of insurance that may pay for this loss. Also, some life insurance policies provide for the payment of part of the proceeds in a situation like this. However, in many cases, the insured may have to have sustained the loss of more than one limb or bodily function (such as eyesight, coupled with loss of a limb) to recover. Disability insurance is another possibility if the loss of the limb renders the insured unable to work. This is more complicated, as it depends greatly upon the type of disability policy involved and the functional incapacity sustained by the injured person.
Accidental death and dismemberment is one kind of insurance that may pay for this loss. Also, some life insurance policies provide for the payment of part of the proceeds in a situation like this. However, in many cases, the insured may have to have sustained the loss of more than one limb or bodily function (such as eyesight, coupled with loss of a limb) to recover. Disability insurance is another possibility if the loss of the limb renders the insured unable to work. This is more complicated, as it depends greatly upon the type of disability policy involved and the functional incapacity sustained by the injured person.
Accidental Death and Dismemberment (AD&D) insurance has long been a tool for the wealthy and famous, but it is increasingly used by ordinary people to protect their finances in case of a terrible accident. Death means not only funeral costs, it also means lost income for the family left behind by the deceased. Dismemberment -- the loss of a limb or other body part -- could severely impair someone's ability to earn a living. Losing an arm or leg could be career-ending for some professions, like athletes or laborers. Purchasing AD&D insurance is an effective way to guard against financial losses from death or dismemberment.
Trip insurance costs between 4 and 8 percent of your total trip cost. Trip insurance covers the cancellation of your flight, lost luggage, and loss of life in cases of death.
The Federal standard payout for loss of a thumb is 75 weeks compensation. ?æThe dollar amount would depend upon your actual wages.
Loss payee is a party to whom an insurance loss payment or insurance sattlement may be directly paid.
Yes, companies do cover loss of eyesight and hearing under the accident insurance India plan. However the amount of cover depends on the company that insures you. My insurer Chola MS offers hundred percent of the sum assured in case of loss of eyesight and hearing.
any kind of insurance loss
No, diamond car insurance don't cover the loss of jewerly. They cover different kind of insurance like car insurance, home insurance and travel insurance.