Select the correct Accidental Death & Permanent Disablement benefit amount for Elite Accident Secure Max.

Select the correct Accidental Death & Permanent Disablement benefit amount for Elite Accident Secure Max.

• A. Php 1,000,000
• B. Php 4,000,000
• C. Php 500,000
• D. Php 2,000,000

Answer: (D)

The key idea is the fixed payout amount for accidental death or permanent disablement under Elite Accident Secure Max. This benefit is a single lump-sum payment to the insured or beneficiaries when an accident results in death or a permanent disability, providing immediate financial support. For this plan, the policy schedule specifies Php 2,000,000 as that lump-sum amount. So, in the event of accidental death or permanent disability, the payout would be Php 2,000,000. The other figures reflect different coverage levels on other product variants and do not apply to this plan.

The key idea is the fixed payout amount for accidental death or permanent disablement under Elite Accident Secure Max. This benefit is a single lump-sum payment to the insured or beneficiaries when an accident results in death or a permanent disability, providing immediate financial support.

For this plan, the policy schedule specifies Php 2,000,000 as that lump-sum amount. So, in the event of accidental death or permanent disability, the payout would be Php 2,000,000. The other figures reflect different coverage levels on other product variants and do not apply to this plan.