Coverage F – Medical Payments is coverage that will pay the necessary medical expenses that are incurred or medically ascertained within three years from the date of an accident causing "bodily injury".
Coverage applies to accidents that incur on the insured premises (the home) or as the result of an action by the insured at any location. For example, you leave your suitcase in the hallway of a hotel and someone trips over it.
The basic limit is $1,000, but higher limits are available and they are very inexpensive.
The purpose of this coverage is twofold. First, paying doctor and hospital bills promptly for accidents the insured may have caused could minimize the likelihood of troublesome litigation. Second, submitting the bills helps insurance companies identify accidents early and therefore gives the insurance company time to investigate the circumstances and prepare a defense if necessary.
Medical Payments Coverage is not intended to provide accident insurance for the insured’s family. Accordingly, the named insured and family are excluded from coverage.
I hope I've answered your question. If not, feel free to call, fax or email me.
Kevin P. Foley, CPA, CPCU
PFT&K Insurance Brokers
T 877-414-2031
F 877-405-3025
E kpfoley[at]kpfoley[dot]com
W www[dot]kpfoley[dot]com
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Coverage applies to accidents that incur on the insured premises (the home) or as the result of an action by the insured at any location. For example, you leave your suitcase in the hallway of a hotel and someone trips over it.
The basic limit is $1,000, but higher limits are available and they are very inexpensive.
The purpose of this coverage is twofold. First, paying doctor and hospital bills promptly for accidents the insured may have caused could minimize the likelihood of troublesome litigation. Second, submitting the bills helps insurance companies identify accidents early and therefore gives the insurance company time to investigate the circumstances and prepare a defense if necessary.
Medical Payments Coverage is not intended to provide accident insurance for the insured’s family. Accordingly, the named insured and family are excluded from coverage.
I hope I've answered your question. If not, feel free to call, fax or email me.
Kevin P. Foley, CPA, CPCU
PFT&K Insurance Brokers
T 877-414-2031
F 877-405-3025
E kpfoley[at]kpfoley[dot]com
W www[dot]kpfoley[dot]com