Insurance has now become an essential need for every individual. By having this insurance can anticipate the risks that occur in life. The insurance benefits obtained can ease the financial burden when life risks arise. One of them is like having a total permanent disability. Insurance can reduce the difficulties when a person experiences a total permanent disability. Learn more about coverage for total permanent disability here.
What is meant by total disability here is the insured’s inability to take part in work, to earn income for more than 180 days as a result of an accident, illness, or loss of limb function for the rest of your life.
You can use accident insurance. This is the type of loss insurance that ensures its users get protection from the risk of death and permanent disability. This insurance will also cover maintenance costs when the Insured has an accident. Buy insurance policy for total permanent disability malaysia.
Thus, accident insurance will provide users with benefits in order to reduce the risk or financial loss in the event of an accident at work or while driving.
What are the advantages?
• Direct medical expenses for accidents or effects that occur after the accident
• Compensation money for families left behind by accident insurance users.
• Coverage for medical expenses or treatment that results in permanent disability caused by accident.
Types of accident insurance
Previously discussed what the benefits of accident insurance are. To find out more about accident insurance. Here are four types of accident insurance in general
1. Traffic accident insurance. This can happen anytime and anywhere. This type of insurance covers the risk of permanent disability to death caused by accident. This traffic accident insurance covers motorcycle accidents, cars, and accidents in public transportation.
2. Work accident insurance. Work accident insurance is a type of accident insurance that aims to protect the owner from work accidents, or that can occur while working or on the way to work. Because accidents when or when going to work can happen at any time, this insurance is here for that. This insurance will guarantee and cover the insurance owner’s dependents when he has an accident while on duty. Thus, there are several benefits that will be obtained by the owner of work accident insurance, such as medical expenses resulting in permanent injury or disability and compensation for the bereaved family.
3. Personal accident insurance. Personal accident insurance protects users from disasters such as minor accidents to severe accidents that result in the insured’s death, especially if the Insured is the backbone of the family. This insurance also provides guarantees in the form of treatment and care if the insurer experiences permanent disability (partial and total).
Then, is insurance important?
The answer is yes! We cannot predict what will happen in the present, now or in the future. One of them is an accident that can make a person injured and permanently disabled to death. Maybe if the effects of the accident weren’t so severe, we wouldn’t have to worry about the cost. However, what if it’s a severe injury that causes permanent disability? Then, we will suffer a considerable loss. Therefore, the role of accident insurance is very important to protect you from severe risks and insurance that helps families left behind with compensation.