Question

P is blinded in an industrial accident. Which provision of his life insurance policy will pay a stated benefit amount?

A) Accidental Death and Dismemberment provision
B) Critical Illness provision
C) Permanent Total Disability provision
D) Hospitalization Expense provision

Answer 1

The provision that would pay out for P being blinded in an industrial accident is the Accidental Death and Dismemberment provision (option A) of his life insurance policy.

Step-by-step explanation:

If P is blinded in an industrial accident, the provision of his life insurance policy that will pay a stated benefit amount is the Accidental Death and Dismemberment (AD&D) provision. This provision typically pays benefits for the loss of limbs or senses, such as sight. In P's case, even though it is not a fatal accident, the dismemberment aspect of the policy would provide benefits for the blindness caused by the accident. This is distinct from Critical Illness, Permanent Total Disability, or Hospitalization Expense provisions, which cover different aspects of health and insurance claims. Policies might have different terms, so it's important to review the specific policy language.