accident insurance definition

accident insurance means insurance by which the insurer undertakes, otherwise than incidentally to some other class of insurance defined by or under this Act, to pay insurance money in the event of accident to the person or persons insured, but does not include insurance by which the insurer undertakes to pay insurance money both in the event of death by accident and in the event of death from any other cause; (assurance-accident)
accident insurance means insurance by which the insurer undertakes, otherwise than incidentally to some other class of insurance defined by or under this Act, to pay insurance money in the event of accident to the person insured, but does not include insurance by which the insurer undertakes to pay insurance money both in the event of death by accident and in the event of death from any other cause;(a.1) “accidental death insurance” means insurance undertaken by an insurer as part of a contract of life insurance whereby the insurer undertakes to pay an additional amount of insurance money in the event of the death by accident of the person whose life is insured;(a.2) “adjuster” means a person who, for compensation, not being a barrister or solicitor acting in the usual course of his profession or a trustee or an agent of the property insured, directly or indirectly solicits the right to negotiate the settlement of a loss under a contract of insurance on behalf of the insured or the insurer, or holds himself out as an adjuster of losses under such contracts;
accident insurance o Insurance covering work-related accidents and illnesses o Insurance covering accidents unrelated to work. Daily benefits insurance starting on the 61st day of an illness.

Examples of accident insurance in a sentence

  • Accident insurance business relates primarily to the sale of accident insurance policies.

  • Accident insurance You will be covered by a 24-hours accident insurance policy.

  • Accident insurance business, involving the payment of money or other thing of value, conditioned upon the injury, disablement or death of persons resulting from general accident or from traveling by land, air, or water.

  • You will be provided with a $1,000,000 Business, Travel Accident insurance policy with you designating the beneficiary as part of your insurance enrollment process.

  • Accident insurance business (Accident) Accident insurance business relates primarily to the sale of accident insurance policies.


More Definitions of accident insurance

accident insurance means accident insurance as defined in the Insurance Act; “Act” means the Unclaimed Property Act;
accident insurance means insurance by which an employer is indemnified against all sums for which the employer may become legally liable, in respect of injury to a worker employed by the employer, in respect of –
accident insurance means accident insurance as defined in the Insurance Act;
accident insurance means insurance against the risk of loss as a consequence of an accident.
accident insurance means personal accident insurance, public liability insurance and employer's liability
accident insurance means insurance against liability ;• Accident# in relation to workers compensation to which insurance- employers are subject under this or any other Act or