IC38 GENERAL INSURANCE AGENT EXAM - Study Notes
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Watch video- Personal Accident and disability cover - provides compensation due to death and disability in the event of unforeseen accident
- Accident usually denotes a sudden, unforeseen and an unexpected event caused by external, violent and visible means (but does not include any illness or disease),which results in physical bodily injury but does not include mental, nervous or emotional dis
- Permanent total disability (PTD): means becoming totally disabled for lifetime viz. paralysis of all four limbs, comatose condition, loss of both eyes/both hands/both limbs or one hand and one eye and one leg or one hand and one leg
- Permanent partial disability (PPD): means becoming partially disabled for lifetime viz. loss of fingers, toes, phalanges etc
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