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 Glossary   >   A   >   "Accident insurance" Definition   

        Accident insurance

Insurance which pays benefits in the event of an accident. Items typically covered are medical expenses and loss of earnings. If, for example, the insured sustains the loss of a limb or an eye, a specified lump sum is payable.

Accident insurance


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Accident insurance - Insurance which pays benefits in the event of an accident. Items typically covered are medical expenses and loss of earnings. If, for example, the insured sustains the loss of a limb or an eye, a specified lump sum is payable.


Accident insurance : insurance which pays benefits in the event of an accident. items typically covered are medical expenses and loss of earnings. if, for example, the insured sustains the loss of a limb or an eye, a specified lump sum is payable.