The Washington times., 1930-07-08
L D " ACCIDENT
POLICY COST
IS SHOWN
By FRANK +. LOOMS

-
None should overlook the import
atace Of carrying accident insur-
aace. The cost of same is very
. cheap in comparison with the
great benefits derived. And
there Is a growing demand for full
leverage accident insurance.
So much publicity has been
even to automobile accidents,
and automobile accident insur-
af1ce has been so widely and ex-
Rnsively advertised that many
,persons have been sold on the
idea Of purchasing limited acci-
dent insurance policies covering
automobile and travel accidents
only.
The large toll of lives lost yearly
as a result of automobile acci-
dents is we'll known, but how
many know of the numerous mis-
haps in the home? Statistics show
that one-fourth of the yearly
fatalities from accidental causes
are from accidents occurring IN
the home.
vi Inadequacy Noticed
With the happening Of a serious
commonplace accident around the
house, in the office, on the street
comes the realization of the made
71acy of this limited coverage in
surance. The policyholder finds
he has sacrificed full coverage, "a
holT-a-day insurance for low
premium policy which insures him
Aagaiast certain specific accidents
only. He has been led to feel
Ythat automobile and travel acci-
dents are the only ones which
can befan him.
The outing season Is now here
Rllen people swim, hunt, play golf,
tennis, etc. Drowning and bath
ing accidents are frequent, as are
fatalities from burns, gunshot
wounds, explosives, cataStrophes
resulking from flooded rivers.
wind storms and tornadoes. And
quite often nowadays people are
even struck by lightning.
Most of the accidents occurring
! III the home are from falls, slip
pflans on rugs, highly polished
floors, falling downstairs, slipping
ii the bathtub, falling off a
. ladder, etc. However, a broken
Leg by slipping on a rug Is just
as Expensive in the way Of doctors
bills and hospital charges as the
same leg broken in an automobile
accident.
Widows Need
The widow whose husband was
killed in a hunting accident has
Just as much need for the
proceeds of an accident insur-
sance policy as the widow whose
husband was killed in an auto
mobile or train accident.
How some of these unexpected
accidents happen is shown in the
following instances, in which cases
the beneficiary received the bene-
fits of a straight full coverage
accident insurance policy:
The insured was attempting to
light the pilot on a gas furnace
in his new home. Gas had leaked
and when the insured struck
match, there was an immediate
explosion which wrecked the
house and killed the insured.
Fifteen thousand dollars was paid.
the beneficiary under an accident
insurance policy.
Insured, returning from the
lpostoffice. sorting his mail when
crossing the street. did not notice
an approaching street car. which
struck and killed him. His acci-
dent policy paid his beneficiary
$4,000.
$4,000 Received
Insured, while driving at night
Hith friend. was sleeping in
his seat. when the car went
over an embankment when the
brakes failed to work as the
driver was trying to slow down
for a curve The insured has
been disabled for over five years
and to date has received over
$33, 900 from accident insurance
policy and indemnity payments
will continue for the duration of
his disability.
Insured, while driving at night,
had a flat tire. While removing
Snare from rack at back of car,
he stood in front of the red tail
light and driver of car following
did not see him. Insured was
Crushed between the two cars.
The insurance company paid his
beneficiary $4,000.
A boy, age 10, struck in the
head while playing baseball
causing death few days later.
Insurance company paid $4,000
under his accident policy.
= Insured drowned while swim.
ming. His accident policy paid
. $1,000.
Accident insurance with full
leverage. irrespective OF how or
when the accident occurs, costs
from about $40 to $25 year for
a policy of $4,000, which will pay
a weekly indemnity of $25 for
disability resulting from any in
Jury. Double the amounts are
paid if the accident occurs on
any public fare-paying convey
ance.
Larger amounts can be pur-
chased at the same proportionate
cost but only when the weekly
indemnity for injury does not ex-
bceed the insured's weekly earn
ings. Hospital and surgeons
fees, if any, are paid in add