Personal Accident Insurance
Gbogbo ọrọ náà
Most general insurance answers one question: how much did you actually lose? Personal accident insurance is different. It fixes the payout in advance, before anything has happened, because the things it protects, a life, a hand, an eye, cannot be given a market price. Break your leg on a building site and the cheque does not depend on receipts. It depends on a figure written into the policy the day you signed it.
In this lesson you will learn exactly which accidents a personal accident policy covers and which injuries it quietly excludes, the difference between an individual policy and the group scheme an employer buys for a whole workforce, how the benefit scale turns death, the loss of a limb or a few weeks off work into a stated percentage of the capital sum, and who in the Nigerian market actually buys this cover and why.
Ebumnobi
- Identify the risks covered by a personal accident policy
- Describe the forms of personal accident cover, including individual and group policies
- State the benefits payable on death, permanent disablement and temporary disablement
- Identify the typical buyers of personal accident insurance
Akọmọ Ojú-ẹkọ
Yi rajista ka ci gaba
Kpọpụta akaụntụ n’efu ka ị nweta ohere na ihe ọmụmụ niile, ajụjụ omume, ma soro mmepe gị.
Ayẹwo Ẹkọ
Ekele diri gi maka imecha ihe karịrị na Personal Accident Insurance. Ugbu a na ị na-enyochakwa isi echiche na echiche ndị dị mkpa, ọ bụ oge iji nwalee ihe ị ma. Ngwa a na-enye ụdị ajụjụ ọmụmụ dị iche iche emebere iji kwado nghọta gị wee nyere gị aka ịmata otú ị ghọtara ihe ndị a kụziri.
Ị ga-ahụ ngwakọta nke ụdị ajụjụ dị iche iche, gụnyere ajụjụ chọrọ ịhọrọ otu n’ime ọtụtụ azịza, ajụjụ chọrọ mkpirisi azịza, na ajụjụ ede ede. A na-arụpụta ajụjụ ọ bụla nke ọma iji nwalee akụkụ dị iche iche nke ihe ọmụma gị na nkà nke ịtụgharị uche.
Jiri akụkụ a nke nyocha ka ohere iji kụziere ihe ị matara banyere isiokwu ahụ ma chọpụta ebe ọ bụla ị nwere ike ịchọ ọmụmụ ihe ọzọ. Ekwela ka nsogbu ọ bụla ị na-eche ihu mee ka ị daa mba; kama, lee ha anya dị ka ohere maka ịzụlite onwe gị na imeziwanye.
- Personal accident insurance is best described as: A. A contract of indemnity B. A benefit policy C. A liability policy D. A property policy Answer: B
- Which of the following would a personal accident policy NOT pay for? A. A broken leg from a fall B. Loss of an eye in a road crash C. Time off work due to malaria D. Accidental death Answer: C
- Under a typical benefit scale, the loss of one limb is paid at: A. 100 per cent of the capital sum B. 75 per cent of the capital sum C. 50 per cent of the capital sum D. 25 per cent of the capital sum Answer: C
- A group personal accident policy is most often arranged by: A. An individual traveller B. An employer for its workforce C. A reinsurer D. A loss adjuster Answer: B
- A person holding two separate personal accident policies who is injured in one accident may: A. Claim only from the older policy B. Claim only a rateable share from each C. Claim the full benefit under both policies D. Claim nothing, as this is double insurance Answer: C
Yi rajista ka ci gaba
Kpọpụta akaụntụ n’efu ka ị nweta ohere na ihe ọmụmụ niile, ajụjụ omume, ma soro mmepe gị.
Yi rajista ka ci gaba
Kpọpụta akaụntụ n’efu ka ị nweta ohere na ihe ọmụmụ niile, ajụjụ omume, ma soro mmepe gị.
