Lao Jin said insurance
On August 8, a magnitude 7.0 earthquake occurred in Jiuzhaigou, Sichuan, causing major casualties and property losses. After the earthquake, many insurance companies were "ready to" and activated the rapid compensation mechanism. So, what insurances can be compensated after an earthquake? This has to start with Exclusion Liability . There is a very important but very easy to ignore clause in the insurance contract - "exclusion Liability", that is, losses caused by force majeure, losses caused by the insured's fault, and losses beyond the scope stated in the insurance clause in advance. Even during the insurance period, the insurance company will not compensate. Therefore, in many insurance clauses, earthquakes are classified as exclusion liability as significant force majeure.
By understanding from the staff of the Tourism Risk Department of a insurance brokerage company in Ningxia: As for tourists, the insurance involved includes travel agency liability insurance, scenic spot safety liability insurance , and tourism accident injury insurance. Both of the first two regard earthquakes as exclusions, and only the responsibility of tourism accident insurance covers earthquakes. The staff member said: Generally speaking, property insurance mostly regards earthquakes as an exclusion responsibility. Among the auto insurance products that have the most contact with daily life, insurance companies mostly list earthquakes as Disclaimer . But it is worth noting that the insurance company will compensate the vehicle due to the damage caused by the sinking and cracking and ; or the vehicle damage caused by falling objects at high altitudes due to earthquakes, the owner can present a certificate to make a claim. Personal insurance, including term life insurance, , whole life insurance, dual-world life insurance, personal accident insurance, personal accident medical insurance, , travel accident insurance and other insurance responsibilities generally include earthquake liability. Customers who purchase these insurances will receive relevant compensation for death or disability in the earthquake, and injuries and hospitalization will also receive insurance benefits as agreed in the contract.
Lao Jin has something to say
When the earthquake comes, life always seems so fragile. At this moment, as a person in the insurance circle, in addition to praying for the disaster area and contributing to disaster relief, he also wants to tell everyone how to obtain earthquake insurance. Personal insurance includes earthquake damage in the scope of protection, reflecting the humanistic value and social responsibility of the insurance industry. Therefore, living in Ningxia where the earthquake belt, Lao Jin recommends that you prepare an appropriate amount of personal insurance for yourself and your family. Under the current technological level, we are unable to intervene and reduce the intensity of earthquakes , but we can rely on insurance to prevent our lives from swaying helplessly in the sway of the earth.
Article source from Yinchuan Evening News
