accident insurance

Injury payout policy

Accident insurance is coverage that pays benefits when the policyholder suffers injury from an accident, as opposed to illness.

It typically covers medical expenses, lost wages, and may provide lump-sum payments for specific injuries like broken bones or loss of limbs: The company offers accident insurance as part of its benefits package.

Opposites
coverage trigger

accident insurancehealth insurance

Protection against medical costs

cancer insurance · long-term care insurance · life insurance · disability insurance

insurance vs. non-insurance

accident insuranceself-insurance

Assuming risk personally

uninsured · personal savings · emergency fund

Family

accident, insurance

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G