Abstract
Accident Insurance: THE BACKGROUND In the early years of the 20th century, a typical Accident policy was likely to provide:
1. Accidental death coverage of $1,000.
2. Dismemberment coverage varying from $1,000 for loss of two limbs to $250 for loss of thumb and finger.
3. $5.00 per week for total disability not to exceed one or two years duration.
4. $2.50 per week for partial disability not to exceed 10 weeks.
5. Rather limited benefits for hospital confinement and specified surgical operations.
6. The premium for this coverage was usually $5.00 in the nonhazardous occupations.
Volume
XXI
Page
291-302
Year
1935
Categories
Business Areas
Accident and Health
Publications
Proceedings of the Casualty Actuarial Society
