Understanding the Definition of Personal Accident in an Insurance
Posted At October 26th, 2018
Personal accident insurance is a type of insurance that offers personal protection and benefit in the form of compensation for death, disability, and medical treatment expenses due to accidents.
The main risk is accident.
However, it is possible that we have no understanding whatsoever about what personal accident means.
Prior to obtaining a personal accident insurance policy, it is better for us to first know and understand the definition of personal accident.
Based on the Indonesian Personal Accident Insurance Standard Policy (PSAKDI), the definition of personal accident is an event or incident involving the element of violence, both physical or chemical.
The incident should occur suddenly, unwanted, unplanned, caused by external factors, visible, and has instant and direct effect on the insured, and cause physical injuries, which nature and location can be determined by medical science.
The followings are the events or incidents included in the forms of personal accident.
- Poisoning due to inhalation of toxic gas or steam, unless if the insured intentionally use anesthetic drugs or other substances known to have negative effects, including illegal drugs.
- Viral or bacterial infection because the insured unintentionally fall into water or other liquid substances.
- Death by suffocation or drowning.
This is important for us to know in order to avoid misunderstanding with the insurance company regarding the coverages and exceptions in our insurance policy.
Characteristics of Personal Accident
Examples of physical injuries are scratches or lacerations on skin, broken or fractured bones, and so on.
The physical injuries must be able to be autopsied for written report purposes, so that the cause of injury can be determined. For example, a puncture wound caused by sharp object.
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