Accident Insurance

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Related to Accident Insurance Policy: Health Insurance Policy

Accident Insurance

An insurance policy that provides coverage if the policyholder (or his/her dependent) is injured or dies as the result of an accident. For example, an accident insurance policy may pay for most or all of the costs of a surgery that occurs because of injuries sustained in a car accident. The policyholder pays a premium each month in exchange for the coverage; this premium may or may not be subsidized by one's employer.
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