What is accident insurance?

1. What is accident insurance?

accident insurance, namely accidental injury insurance, is a kind of personal insurance, which takes the insured's body as the subject matter of insurance. If the insured dies, suffers from disability, injury or other accidents agreed in the insurance contract due to accidents during the insurance period, the insurance company will pay the corresponding insurance money as agreed.

Accidental injury must meet four elements, namely, external, unintentional, sudden and non-disease, and all of them are indispensable. There are many types of accident insurance, which can be divided into short-term accident insurance and long-term accident insurance according to the guarantee time, and can be divided into consumer accident insurance and return accident insurance according to the premium return.

The coverage of accident insurance in the market can generally be divided into two parts, namely, accidental death/disability and accidental medical care, as follows:

1. Accidental death/disability protection

If the insured dies due to an accident during the insurance period, the insurance company will pay the basic coverage in one lump sum, and the compensation for accidental disability is usually paid according to the disability level of the insured, which is divided into 1 levels, including level 1. You can pay 1% of the insured amount, 9% of the insured amount for level 2 disability, and 8% for level 3 disability, and so on. < P > It should be noted that some long-term accident insurances do not include accidental disability compensation, but provide total disability protection, which requires higher compensation. Accident insurance can generally provide specific traffic accidents, sudden death protection and so on.

2. Accidental medical insurance

The medical expenses incurred by the insured due to accidents during the insurance period can be reimbursed, and the reimbursement rules of different products are different. For us, the medical expenses can be reimbursed 1% by social security, and the accidental medical liability without deductible limit is more practical. It should be noted that most long-term accident insurance in the market does not include accidental medical liability.

second, why buy accident insurance?

1. Unexpected risks cannot be predicted: Accidents are sudden, so we can't predict when they will happen to us, so we should configure the protection in advance.

2. Reduce the loss of medical expenses: if an accident leads to injury, the treatment will generate medical expenses. If there is accident insurance, the loss of medical expenses can be reduced.

3. Value protection: Accident insurance can provide protection against accidental death, and the amount of protection is high and the price is cheap. Two or three hundred yuan can cover millions of accidental deaths and provide value protection.

4. Family responsibilities: Adults shoulder family responsibilities. If an accident leads to death and the source of family income is interrupted, it will affect the lives of family members. Buying an accident insurance can not only help resist the losses caused by risks, but also show responsibility for family members.

5. Loose insurance: Accident insurance has loose requirements for the health of the insured. Generally, as long as they can work and live normally, they can be insured. The loose insurance requirements can allow more people to have insurance protection.

6. Effectively transfer risks: accidents will have a great impact on individuals and families. If accident insurance is configured, risks can be transferred to reduce the impact of accidents.

7. Cheap price: One-year comprehensive accident insurance is cheap, which can be settled from tens to hundreds of yuan a year, and will not cause too much pressure on payment.

8. Dealing with expenses during hospitalization: Comprehensive accident insurance can usually include the protection of accidental hospitalization allowance, which can be used to supplement accidental medical insurance and daily expenses.

9. Dealing with the risk of sudden death: Some accident insurances will have their own sudden death protection to avoid the sudden death of the insured and make the whole family fall into a trough.

1. provide protection for travel: accident insurance can provide accident protection for aviation, trains, ships, driving private cars and other means of transportation, and provide protection for travel.