Should ordinary people buy accident insurance? Whenever someone asks me this question, I will ask in return, do you have car insurance for your beloved car? The implication is that people are willing to buy insurance for their cars, so why do they still struggle to buy accident insurance for themselves? Is the car more valuable than the person? In life, no one can guarantee that accidents will not happen. Once an accident occurs, accident insurance can reduce the economic damage caused by the accident and relieve the family's economic pressure.
The coverage of accident insurance is actually very simple. It refers to the damage to the body caused by external, sudden, unintentional, and non-disease objective events. From daily car accidents to natural disasters and man-made disasters such as plane crashes, floods, and mudslides that are often seen in the news; small ones such as bumps, falls, burns, and scratches from cats and dogs, etc., these are all considered accidents. General accident insurance only has death and disability protection, but some insurance products have medical protection. After an accident, the medical expenses during the period can be reimbursed.
After an accident, treatment and hospitalization may be required, and these expenses may bring us a huge financial burden. With accident insurance, we can get insurance compensation from the insurance company and reduce our financial pressure. At the same time, buying accident insurance can disperse risks and transfer part of the risks to the insurance company, thereby reducing our own risk bearing. In addition, buying accident insurance can also protect our legal rights and interests. When the insurance company signs a contract with the insured, it promises to provide the insured with insurance liability within the specified scope and pay the insurance money in time after the accident occurs.
Accident insurance usually only costs a dozen or tens of dollars a year, and you can get hundreds of thousands of yuan in accidental death or disability protection. It is cost-effective, and premium expenditure is not a burden for many families. Therefore, when planning an insurance plan, accident insurance is generally given priority.
According to the degree of danger
Ordinary accidental injury insurance: covers various insurable accidental injuries that occur during the insurance period, and most accidental injury insurance belongs to this category. For example, personal personal accidental injury insurance, group personal accidental injury insurance, student group safety insurance, etc., all accidental injuries that are not specifically limited are within the scope of protection.
Specific accidental injury insurance: covers accidental injuries that occur at a specific time, place or for a specific reason. For example, the risks covered by driver accident insurance are limited to accidental injuries that occur while driving a motor vehicle.
According to the insurance period
One-year accident insurance: such as personal accident insurance. In practice, this type of product accounts for the majority. The insurance period is one year, and the insured can obtain corresponding compensation for accidental injuries during this year.
Short-term accident insurance: The insurance period is less than one year, often only a few days, hours or even shorter. Aviation accident insurance, road passenger accident insurance, travel insurance, swimming pool personal accident insurance, cableway tourist accident insurance, etc. are all such products.
Long-term accident insurance: The coverage period is usually more than one year, but there are generally not many such products.
According to the insurance structure
Pure accident insurance: The insurance liability covered by a policy is limited to accident insurance. Basically, if we take accident insurance as the main insurance, it belongs to pure accident insurance.
Additional accident insurance: Including other insurances, additional accident insurance, and accident insurance with other insurance liabilities. Common accident insurances include comprehensive accident insurance, traffic accident insurance, travel accident insurance, student accident insurance, etc.
Comprehensive accident insurance: provides many protection responsibilities, including accidental death protection, accidental disability protection, accidental medical protection, accidental allowance and other parts.
Traffic accident insurance: mainly refers to the accidental injury of the insured person while riding public transportation, generally covering cars, ships or airplanes, and the protection period is usually 1 year.
Travel accident insurance: provides protection for tourists who go out to travel, and the protection period is flexible and optional, ranging from a few days to a year, and can also be subdivided into accommodation insurance, rescue insurance and other insurance types.
Student accident insurance: mainly for students, providing protection for their accidents in study and life.
Aviation accident insurance: one is ordinary aviation accident insurance, which is cheap and can be bought for more than ten or twenty yuan, and only provides protection for a single flight; the other is a one-year aviation accident insurance, and the insured can be protected when taking an airplane within one year.
Accident insurance selection guide What characteristics should an excellent accident insurance have?
- Accidental death must include death liability. Death caused by an accident can be compensated for the insured amount to reduce the economic damage caused by accidental death to the family
- Accidental disability, please note that it is disability, not total disability. Many accident insurances only cover total disability but not disability; disability can be compensated according to different levels of the corresponding insured amount. When a family suffers disability due to an accident, the insured amount paid by accident insurance can be used for later rehabilitation and maintaining normal life
- Accidental medical treatment, medical expenses incurred due to accidents, not limited to outpatient hospitalization, will be compensated by the insurance company
- Hospitalization allowance, hospitalization due to accidents, will be compensated according to the number of days of hospitalization
- Sudden death, such as death due to acute diseases such as cerebral infarction and myocardial infarction; many accident insurances do not have sudden death liability
Things to note when buying accident insurance:
- Read the terms carefully: Before buying accident insurance, you must carefully read the insurance terms and insurance contract, and understand the insurance liability, insurance amount and other contents. Only by fully understanding the insurance terms can you accurately choose the accident insurance product that suits you.
- Choose a professional insurance company: When purchasing accident insurance, you must choose a formal and professional insurance company. Only in this way can you get better protection and services. At the same time, you should also pay attention to choosing an insurance company with a good reputation to avoid damage to your own rights and interests due to the operating problems of the insurance company.
- Reasonable selection of insurance coverage: When purchasing accident insurance, you should choose a reasonable insurance coverage based on your actual needs. It should not be too high or too low. Too high may increase the premium burden, while too low may not meet the compensation needs of accidents.
In short, accident insurance is a necessary insurance type. It is better to be prepared. Moreover, you can buy insurance coverage of hundreds of thousands of yuan for a few tens of yuan a year, and you can have a guarantee for a meal. After all, life is unpredictable, but insurance is paid.
