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 Posted: Mon Jan 05, 2009 12:08 pm Post subject: How many types of accidental claims are there? |
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..would like to know about the different kinds of accidental claims.
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BurgerKingsize
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| Posted: Mon Jan 05, 2009 2:55 pm Post subject: |
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| Why does this bring Bubba from Forest Gump to my mind... |
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tcope
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| Posted: Mon Jan 05, 2009 7:50 pm Post subject: |
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Claims are really like a box of chocolates, you never know what you're gonna' get.
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Lori
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| Posted: Mon Jan 05, 2009 10:24 pm Post subject: |
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I've found 7 accidents so far:
ak-si-duhnt;
-noun-
1. an undesirable or unfortunate happening that occurs unintentionally and usually results in harm, injury, damage, or loss; casualty; mishap: automobile accidents.
2. Law. such a happening resulting in injury that is in no way the fault of the injured person for which compensation or indemnity is legally sought.
3. any event that happens unexpectedly, without a deliberate plan or cause.
4. chance; fortune; luck: I was there by accident.
5. a fortuitous circumstance, quality, or characteristic: an accident of birth.
6. Philosophy. any entity or event contingent upon the existence of something else.
7. Geology. a surface irregularity, usually on a small scale, the reason for which is not apparent.
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GarySpicuzza
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| Posted: Tue Jan 06, 2009 6:44 am Post subject: |
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Well, I may have an answer to this question. Following are the few types of accidental claims that may arise at different circumstances.
- Motor vehicle accident
- Accidents at work
- Injuries due to medical malpractices
- Trips and slips
- Injuries received as a victim of criminal activities
- Other injuries
Hope the list will grow.
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bandit baby
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| Posted: Tue Jan 06, 2009 7:12 am Post subject: |
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IMO the injuries resulting from workplace accidents and traffic accidents are the most prominent types of injury claims. Hope the other will agree too  |
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jeorge
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| Posted: Tue Jan 06, 2009 12:29 pm Post subject: |
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There are several accidental damages claims of which 2 primary types could be-
(i) Claims associated with damages Where there are no other parties involved
(ii) Claims associated with damages that had not been caused intentionally
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anonymous00
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| Posted: Tue Jan 06, 2009 2:56 pm Post subject: |
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Or do you mean like...
Comprehensive
Collision
Personal Injury Protection
Bodily Injury
Liability
etc. ??
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FK
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| Posted: Wed Jan 07, 2009 10:01 am Post subject: |
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| Quote: | | (ii) Claims associated with damages that had not been caused intentionally |
Just wondering that if you have caused the damages intentionally, whether you will at all receive the claim. Suicide is one such thing where the insurer may decide not to acknowledge the claim.
Intentionally caused damages(such as- self inflicted injuries) can't be described as accident and hence may not receive compensation otherwise promised in the policy document. |
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simon
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| Posted: Wed Jan 07, 2009 12:58 pm Post subject: |
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| Quote: | | Suicide is one such thing where the insurer may decide not to acknowledge the claim. |
Not true, it depends on the type of insurance.
The risk of persons committing suicide is built into life insurance pricing methodology. It's OKAY to commit suicide AFTER the expiration of the suicide clause stated in the policy, usually 2 years.
  However, don't be stupid about this. Don't commit suicide exactly to the day of the two year anniversary, wait one more day!
For example today is January 7th 2009, don't commit suicide on January 7th 2011, wait until January 8th 2011, so there isn't any dispute the policy is in its 3rd year.
Death by suicide is just as emotionally and financially devastating to the family as death by any other means. That's why suicide is paid, just not for the first *two years. If you commit suicide within the suicide clause time frame the company simply refunds ALL premiums paid as if the contract was never in force.
Now with medical insurance or disability income insurance self inflicted injuries or the resulting disabilites would not be covered.
*Some states one year. (MO)
I threw that in for Ms. Show-Me! 
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GarySpicuzza
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| Posted: Thu Jan 08, 2009 7:07 am Post subject: |
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Accidental damage claims could also be filed when you'd been a party to it. On the other hand a claim could also arise when it was fully your fault. On the basis of the information provided the claim handlers would work hand in hand with the other party's carrier to achieve the best possible settlement. I guess both parties would be informed of the proceedings at regular intervals.
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anonymous00
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| Posted: Thu Jan 08, 2009 7:19 am Post subject: |
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| Quote: | | It's OKAY to commit suicide AFTER the expiration of the suicide clause stated in the policy, usually 2 years. |
What?? You are not serious Gary, right
Anyways, is attempt to commit suicide qualify for the accidental claim?
In a very recent thread of yours I've seen you advocating against a beneficiary qualifying for the accidental death benefit's f his father's life policy who got himself killed in a police raid.
I was just wondering wasn't that person in a mental distress when it happened? Definitely it wasn't per-planned. Then, why the beneficiary wouldn't qualify for the accidental death benefit of the policy? |
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JeremyHolter
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| Posted: Thu Jan 08, 2009 10:21 am Post subject: |
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Jeremy Holter,
Suicide IS paid under a life insurance contract after the expiration of the suicide clause just like any other cause of death. Suicide is NOT considered dying by "accident" so no accidental death benefits would be paid.
The other thread had something to do with a drug raid and the guy was shot by the cops after he allegedly pointed a gun at the police. The family considered that death an "accident" and the insurance company did not. Since the police were cleared of any wrong doing (surprise) it's not an accidental death, it's justified homicide or considered self-defense.
If you point a gun at a police officer they will shoot to kill you every time, (suicide by cop).
Also, if the police raid the wrong house,.... and when they bash in the front door,.... you turn towards them with the remote control in your hand,.... that they mistake as a gun,.... they will shoot to kill you,.... then cover up their crime.
On the other hand, if you are murdered, that IS considered dying by accident for life insurance claim purposes.
For all you Internet Psychos out there who may read this thread there will be a test tomorrow morning.
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GarySpicuzza
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| Posted: Thu Jan 08, 2009 11:05 am Post subject: |
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| Leave it to you to put a funny spin on things. I always thought suicide was never covered. Seems pretty wierd to put a time limit on something. Its not like the person is going to say "I will get a policy now so in two years (and one day) I can kill myself. " |
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fireyone
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| Posted: Thu Jan 08, 2009 11:58 am Post subject: |
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| Quote: | | Suicide IS paid under a life insurance contract after the expiration of the suicide clause just like any other cause of death. Suicide is NOT considered dying by "accident" so no accidental death benefits would be paid. |
Gary I wasn't disputing with the fact that suicides aren't paid the death benefits. I was actually surprised by your open suggestions to people to commit suicide after the exclusion period is over |
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JeremyHolter
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