1.Accidental Death ,Dismemberment & Major Burn Benefit(ADD)
When one suffers any one of the following losses after an accident:-
- Loss of life – the principle sum shall be payable
- Dismemberment, loss or major burn as specified in the schedule of indemnity – the percentage of indemnity (10% - 100%) shall be payable.
2.Double Indemnity (DI) Should an accident occur while one is riding solely as a passenger in any public conveyance coverage licensed to carry passengers or suffers from a fire in school or hospital compound, the compensation shall be double the original principal ADD. Public conveyance includes bus, taxi, airplane, lift and escalator. |