Indiana State Life and Health Insurance Practice Exam

An accident policy will most likely pay a benefit for a?

1. Self-inflicted injury

2. Critical illness

3. On-the-job accident

4. Off-the-job accident

The correct answer is: Off-the-job accident

An accident policy is specifically designed to provide benefits for injuries resulting from unexpected incidents. In this context, off-the-job accidents are generally covered by accident insurance because the policy focuses on providing coverage for injuries sustained outside of a work environment. These could include various situations such as slips and falls at home or during recreational activities. While on-the-job accidents can sometimes be covered under workers’ compensation insurance, which is a different type of insurance, accident policies typically address incidents that occur outside the workplace. Self-inflicted injuries are generally not covered due to the nature of the policy focusing on accidental occurrences. Critical illnesses are also not covered under these types of policies, as they fall under health insurance rather than accident insurance. Therefore, off-the-job accidents are the most appropriate scenario for a benefit payout from an accident policy, aligning with the policy’s intent to cover unintentional injuries.