How the weekly compensation for the temporary disablement for the housewife will be calculated in personal accident policy?
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How the weekly compensation for the temporary disablement for the housewife will be calculated in personal accident policy?
There will not be any compensation for housewife as there is no earning.
Weekly compensation is paid in case of Temporary Total Disablement i.e. where the insured person becomes temporarily disabled from undertaking any work as a result of an accident for e.g. fracture of legs. In such cases, a weekly payment of 1% of the capital sum insured subject to a maximum limit, is paid for the number of weeks or part thereof (maximum 100 weeks), during which the insured person is totally disabled. But as the wife has no earning she will not be paid any weekly compensation.Quote:
Originally Posted by Raviz
For non earning members of the family the PA cover should be provided only - Death cover.Quote:
Originally Posted by Raviz