What does Dismemberment mean? Read on to discover the definition & meaning of the term Dismemberment - to help you better understand the language used in insurance policies.
In accident and health insurance policies, the definition encompasses loss of limbs or sight. A fixed benefit is paid to insureds who suffer certain types of dismemberment under these policies. The policy will typically pay the principal sum for loss of both hands, both feet, the sight of both eyes, one hand and one foot, or the sight of one eye and one hand or foot. For loss of any one, it will usually pay a percentage (e.g., 50 percent) of the principal sum.
We hope the you have a better understanding of the meaning of Dismemberment.