Personal Accident Insurance
Muhtasari
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.
Malengo
- 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
Maelezo ya Somo
Jisajili ili Uendelee
Tengeneza akaunti ya bure ili kupata rasilimali zote za kujifunza, maswali ya mazoezi, na kufuatilia maendeleo yako.
Tathmini ya Somo
Hongera kwa kukamilisha somo la Personal Accident Insurance. Sasa kwa kuwa umechunguza dhana na mawazo muhimu, ni wakati wa kuweka ujuzi wako kwa mtihani. Sehemu hii inatoa mazoezi mbalimbali maswali yaliyoundwa ili kuimarisha uelewaji wako na kukusaidia kupima ufahamu wako wa nyenzo.
Utakutana na mchanganyiko wa aina mbalimbali za maswali, ikiwemo maswali ya kuchagua jibu sahihi, maswali ya majibu mafupi, na maswali ya insha. Kila swali limebuniwa kwa umakini ili kupima vipengele tofauti vya maarifa yako na ujuzi wa kufikiri kwa makini.
Tumia sehemu hii ya tathmini kama fursa ya kuimarisha uelewa wako wa mada na kubaini maeneo yoyote ambapo unaweza kuhitaji kusoma zaidi. Usikatishwe tamaa na changamoto zozote utakazokutana nazo; badala yake, zitazame kama fursa za kukua na kuboresha.
- 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
Jisajili ili Uendelee
Tengeneza akaunti ya bure ili kupata rasilimali zote za kujifunza, maswali ya mazoezi, na kufuatilia maendeleo yako.
Jisajili ili Uendelee
Tengeneza akaunti ya bure ili kupata rasilimali zote za kujifunza, maswali ya mazoezi, na kufuatilia maendeleo yako.
