What coverage does the Accident or Dismemberment Policy offer?
Provides death benefits as a result of an Accident.
Coverage available from $10,000 to $100,000.
What do the Accident Policy benefits, in the event of Dismemberment caused by an accident, consist of?
This policy pays for the loss of one or two extremities (hands, legs, eyes) due to an accident. The benefits are paid in accordance to the type of loss. For the loss of two (2) members, a 100% of the benefit acquired for Accidental Death is paid, and 50% is paid for the loss of one (1) member.
Who is eligible to acquire the Accident Policy?
Any person up to 75 years of age is eligible, whose payment of the premium is made through payroll deduction or Electronic Transfer (TOLIC Direct); and up to 65 years of age, through Direct Payment. Said coverage may be acquired for all the members of the Family unit. For more information consult our service representatives.
Endorsement of the Accident or Dismemberment Policy
What benefit does the $1,200 First Day Hospitalization Endorsement offer?
Itoffers an indemnification of $1,200 for the first day of hospitalization due to an accident.
What do the benefits of the Endorsement for Burns, Fractures, Dislocations and Injuries consist of?
This endorsement provides coverage for the medical treatment of burns, fractures, dislocations, injuries and lacerations due to an accident.
What type of burns are covered under this endorsement?
Any second and third degree burn; the amount to be paid for this benefit shall depend on the degree and percentage of the surface of the body burnt.
Second degree burns in less than 10% up to more than 50% of the surface of the body, payment is from $100.00 to $2,200.00.
Third degree burns in less than 10% up to more than 50% percent of the surface of the body, the payment is from $600.00 to $4,400.00.
What type of fractures are covered under this endorsement?
The endorsement covers medical treatment for displaced and undisplaced fractures. The amount to be paid for the benefit shall depend upon the type of fracture and the procedure performed for the correction of the same.
Closed Reduction Procedure- from $80.00 to $1,000.00
Open Reduction Procedure – From $160.00 to $2,200.00.
What type of Dislocations are covered under this Endorsement?
The endorsement covers the medical treatment for the dislocation of an articulation. The amount to be paid for this benefit shall depend on of the type of dislocation and procedure performed for the correction of the same.
Closed reduction procedure – from $25.00 to $500.00.
Open reduction procedure – From $500.00 to $1,000.00.
What type of injuries are covered under this endorsement?
This Endorsement covers the medical treatment for injuries or lacerations. The amount to be paid for these benefits shall depend upon the type of injury or laceration.
Injuries – from $250.00 to $1,000.00
Lacerations – from $50.00 to $400.00
What other coverage does this endorsement have?
In addition to the aforementioned benefits, this endorsement covers for:
v Treatment for the repair of tendons and ligaments
v Mutilations
v Ambulance Service
v Benefit for the use of medical apparatus.
These is one of our newest and most encompassing products. For more information about the requirements for eligibility, consult our representatives.
What does the Total Physical Disability endorsement consist of?
This endorsement was designed to provide income while the insured person is disabled due to an illness or to an accident.
Who is eligible to acquire this coverage?
The insured principal person and his or her spouse, both from 18 to 65 years of age, who are working full time in an occupation for which they are compensated.
The coverage is available according to the economic needs and the individual income. The benefits are paid in addition to those from the State Insurance Fund and ACAA.
The endorsements are available in periods of 6 and 9 months. For more information about these coverages and the requirements for eligibility, consult one of our representatives.
What benefit does the Term Life Insurance endorsement provide?
This endorsement provides coverage in the event of death, whether natural or accidental, of the insured person, and may be acquired for the entire family. For more information about the requirements for eligibility, consult our service representatives.