Insurance is an agreement between two parties, namely the policyholder who pays the contributions and the insurance company that provides a full guarantee to the contributors if something happens. Therefore, having insurance is a crucial thing to do if something bad happens. Buy all protection rider insurance policy malaysia.
Accident insurance will provide the insured with security and comfort while working. After all, no one can predict when disaster will come to you. Work accidents can happen at any time because it is a work risk. Furthermore, personal accident protection is comprehensive, meaning you will be covered by insurance for minor to fatal accidents resulting in death. This is important considering that workers are the backbone of the family, so any risk that occurs will interfere with household income. This sense of comfort can be provided by personal accident insurance.
Reduce Medical Costs
This insurance will cover medical expenses for personal accidents, which are certainly not cheap. You can never predict or budget how much it will cost in the event of an accident. However, for conditions like this, personal accident insurance can be the best solution to alleviate financial conditions when a disaster occurs.
The principle of accident insurance, if used in the long term, is like savings or savings. You will be much more confident and comfortable in making family financial plans for the future because personal accident insurance guarantees and can provide compensation for any risk of accidents that may occur in the future. Comfort like this can make the end and old age more secure and well planned.
Protection for the Family in the event of a risk to the Insured
Accidents of any kind, both work accidents, and road accidents, can be fatal and cause death. If this happens, the family you leave behind can automatically be affected by a decrease in income because the backbone has died.
There are several types of accident insurance available. The complete information is as down below:
1. Personal Accident Insurance
The first type of accident insurance is personal accident insurance, which is private accident insurance that protects you for 24 hours so that you remain protected from various risks such as disability to death caused by an accident.
2. Work Accident Insurance
The company usually covers work accident insurance. As mandated by law, workers should have been protected by work accident insurance from the government. Therefore, all work accidents, both heavy and light, that occur at work will be covered.
3. Traffic Accident Insurance
In addition to some personal and work accident insurance, accident insurance that is usually used is traffic accident insurance. Usually, all public passengers will be protected by traffic accident insurance. However, the amount of compensation is not too large, but you still get protection from accidents that occur.
4. Airplane Accident Insurance
The next type of accident insurance is aircraft accident insurance. Aircraft accidents can occur due to several factors, ranging from internal factors due to human error, aircraft malfunctions, or external factors such as bad weather. All risk factors will be borne by the airline by insuring the passengers. So if the plane crashes and the passengers become victims, the heirs of the victims will receive compensation in the form of a sum assured.