Covered Accident definition
Examples of Covered Accident in a sentence
In the event of the Insured’s death resulting from a Covered Accident, the Company shall pay the Policyholder or legal representative of the Insured, the lump sum benefit in accordance to the Plan as set forth in the Schedule of Benefits.
Whenever the Exercise Price is adjusted, the Company shall give notice thereof to the Holder.
Covered Injury means an Injury directly caused by accidental means which is independent of all other causes and results from a Covered Accident.
If multiple losses occur (such as the Loss of sight in Both Eyes and the Loss of One Foot), only one Benefit Amount, the largest, will be paid for all losses due to the same Covered Accident.
We will pay the benefit shown below if Injury or death occurs due to a Covered Accident, 24 hours a day, anywhere in the world, subject to the limitations listed below.