In group accident insurance, the minimum coverage is 1000 yuan and the maximum is 500,000 yuan.
According to Article 12 of the Measures for the Administration of Insurance Clauses and Insurance Rates of Life Insurance Companies (Revised) issued by the China Insurance Regulatory Commission, accident insurance refers to life insurance with the death, disability or other accidents of the insured as the conditions for payment of insurance benefits.
Which insurance company does personal accident insurance belong to?
China PICC accident insurance is an accident insurance business provided by China PICC. If the insured suffers accidental injury within the validity period of the contract, resulting in the death, disability or burn of the insured, the insurer shall compensate the insured according to the responsibilities and insurance amount stipulated in the contract terms.