What is the definition of Accident and Health Insurance?

Accident and Health Insurance covers expenses incurred because of accidents and health problems. It will also pay the death benefit in the event that the insured person dies because of an accident. There are also some plans that pay out a portion of the death benefit when an insured person loses a limb, an eye or another specified body part, where the loss resulted from an accident.

Other benefits include hospitalization expenses such as hospital Room and Board, Doctor's Fees, Surgical Fees and Expenses for Medicines. There are also some plans that provide a daily or monthly income. Each of these benefits is subject to a limit, with an overall limit capping the expenses incurred from any one accident. These limits are reset if the insured person suffers from another accident within the coverage period.

• Reinstatement
• Registered Principal
• Liquor Liability
• Businessowners Policy (BOP)
• Directors and Officers Liability Insurance