Which contingency is not covered under personal accident insurance?
Asked by: scraper | Last update: September 23, 2026Score: 0/5 (0 votes)
Personal accident insurance exclusively covers sudden, unforeseen, and violent physical events. It does not cover illnesses, diseases, or natural causes. Additionally, it completely excludes any damages caused by deliberate actions, risky behavior, or negligence.
Which of the following contingencies is not covered under personal accident policy?
Personal accident insurance does not cover injuries or death resulting from mental illness or emotional distress. That means if a policyholder suffers from depression, anxiety, or any other mental health condition and meets with an accident, the insurer will not provide any financial assistance.
Which of the following is not covered by accident insurance?
An accident-only policy would not cover illnesses or sickness. These policies are designed specifically to provide financial protection for unforeseen, sudden injuries and do not include coverage for routine medical care or long-term diseases.
Which of the following is not covered under the personal accident cover for the owner driver?
Pregnancy and Childbirth: Death or disabilities during pregnancy or childbirth are not included in the coverage. War: Death or disabilities caused by war are excluded from coverage. Indirect Causes: Any death or disabilities that are indirectly caused by an event are also excluded from the policy's coverage.
Which of the following principles of insurance is not strictly applicable to personal accident insurance?
Answer. Answer: Principle of Indemnity: This principle states that the purpose of an insurance contract is to restore the insured to the same financial position they were in before a loss, without allowing them to make a profit from the insurance claim.
Our "No recovery no fee Contingency" What do these things mean?
Which of the following is not a personal use of insurance?
Explanation. A buy-sell agreement is a contract among business owners that restricts the sale of the business. It is used to ensure that if an owner dies or leaves the business, their share can be bought by the remaining owners or the business itself. Therefore, it is not a personal use of life insurance.
Which principles of insurance does not include?
Explanation: Maximization of Profit is not the principle of insurance. There are seven basic principles that create an insurance contract between the insured and the insurer: Utmost Good Faith, Insurable Interest, Proximate Cause, Indemnity, Subrogation, Contribution and Loss Minimization.
What is not covered under personal liability?
Personal liability insurance (found in homeowners or renters policies) only covers accidental bodily injury or property damage you cause to others. It is designed purely to protect against outside lawsuits and third-party claims.
Which of the following is not covered under part of the personal auto policy?
Under a standard Personal Auto Policy (PAP), the following are generally not eligible for coverage:
Which of the following events is covered under personal accident?
Personal accident coverage is a policy that provides financial protection in the event of an accident resulting in injury, disability, or death. It provides a lump-sum payout to the insured or their family, depending on the nature and extent of the injury.
Which one of the following is not a function of insurance?
In standard business and commerce curricula, the lending of funds is generally considered NOT to be a function of insurance. Lending is a primary function of commercial banks and specialized financial institutions.
What types of procedures usually are not covered by insurance?
Health insurance typically does not cover elective procedures, cosmetic treatments, or services deemed medically unnecessary. Coverage varies heavily by plan, but the following categories are usually excluded from standard policies:
Which of the following is typically not covered under liability insurance?
Liability insurance is designed as "third-party" insurance, meaning it covers damage or injury you cause to others. It typically does not cover your own losses or intentional bad acts.
Which of the following benefits is not provided under personal injury protection (PIP) insurance?
PIP is designed to cover medical expenses resulting from bodily injuries, not property damage. Therefore, repairs to your vehicle or other personal property aren't covered under PIP. For such damages, you'll need collision or comprehensive coverage as part of your auto insurance policy.
Which type of accident will not be covered under consequential accident?
(b) Other train accidents:- All other accidents which are not covered under the definition of consequential train accidents are to be treated as “other Train accidents”. These include accidents under categories B-5, B-6, C-5 to C-8, D-5 and E-2.
Which of the following is not covered under the Janata personal accident policy?
What is not covered. Intentional self injury, suicide or attempted suicide, venereal disease or insanity. The Insured being under the influence of intoxicating liquor or drugs. Death or disablement resulting from pregnancy or child birth.
What would not be covered under a personal auto policy comprehensive coverage?
Comprehensive car insurance doesn't cover damage to your car from a collision with another vehicle or object outside of live animals. Any medical expenses for you and any passengers will also not be covered as a result of the incident.
Which of the following are common exclusions found in a personal auto policy?
Common exclusions include wear and tear, mechanical breakdowns, intentional damage, using your car for business or rideshare without coverage, and driving without a valid license.
What is covered under personal accident?
A personal accident insurance policy is a type of general insurance that provides benefits in the case of accidental death, disability and injury. The benefits usually cover all phases of suffering an accident, from evacuation to hospitalisation and treatment, rehabilitation and recovery.
What is not covered under liability insurance?
Keep in mind that liability insurance coverage doesn't cover your own injuries or damaged property. It only applies in situations where you're legally responsible for someone else's damages. Watch our guide to liability coverage for some quick snippets on how it works, what it covers, and more: Play Video.
What is covered under personal liability insurance?
Bodily injury or property damage caused intentionally by you or a family member in your home. Injuries or damages sustained by you or family members in your home. Business activities or claims related to your profession.
What are the 4 types of insurance coverage?
Financial experts, including those at Investopedia, typically recommend four foundational types of insurance to protect your income and assets: Health, Life, Auto, and Disability/Long-Term Care.
What are common insurance exclusions?
Key Takeaways
Common exclusions include flood and earthquake damage, general wear and tear, and negligence. You may add an endorsement to your policy to fill some coverage gaps.
What are the 7 basic principles of insurance?
The seven basic principles of insurance are utmost good faith, insurable interest, indemnity, contribution, subrogation, loss minimisation, and proximate cause.
What are not elements of an insurance policy?
Negotiating is commonly cited as the item that is not considered a formal element of an insurance contract. While it may occur before a contract is finalized, it is not an essential legal component required for the contract's validity.