Accident Insurance

Cover Accident Insurance
Accident Insurance
Edson Schuyler Lott
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000 in favor of the left hand. The further you follow this test the more convinced you will be that the moral hazard is the bugaboo of accident insurance. Mutilation by loss of hand is used as an illustration because all acci- dent insurance companies have had to contend with it. Accident insurance companies are de- frauded in many other ways. It is often im- possible to establish the fraud to the satisfac- tion of a jury, but it frequently exists just the same.
Then there are the petty cases o
...f fraud the claimant feigns the injury, he deliberately pro- longs the period of disability and demands compensation for something not covered by his policy and so on. Ofttimes persons of emi- nent respectability make excessive claims with no thought of wrong-doing. They may char- itably be designated as "unconscious malinger- ers. " Some otherwise fair-minded persons per- sistently pervert the meaning and intent of accident insurance and maintain that their claims should be paid because to turn them down is to assail their integrity.

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