About Accident Insurance
Accidents are unforeseen and unplanned events that give rise to pecuniary and non-pecuniary losses when they happen. As a result, Article 2 of the Personal Accident Insurance General Terms defines the term "Accident" as the involuntary death or a bodily injury of the insured caused by a sudden external event.
If an accident causes the death of the insured immediately, or within one year of the accident date, the insurance amount is paid to the beneficiaries stated on the policy, and if none exists, then to the legal heirs.
This insurance type insures against the risks of personal loss of life or health caused by accidental events and the benefits to arise thereby under the coverage of the Personal Accident Insurance General Terms