The purpose of purchasing personal accident insurance, often called personal accident insurance, is to protect policyholders financially in the unfortunate case that they become incapacitated, suffer an injury, or pass away as a result of a violent, accidental, visible, outside occurrence. They Will Give You An Example To Help You Understand: On the way to his employment for a meeting, a car was involved in a truck accident. The crash caused me to lose a finger and sustain other injuries. It was lucky since he had bought accident insurance. Because of this reimbursement, his family will have more financial stability...