MR. WATSON: Look, I'm a 747 pilot. I'm out fishing one day. A hook snatches my eye out. Now I look like Captain Ron. Can I fly? No. You wouldn't fly with me. Look, at that point you are presumed to be disabled.
MR. WATSON: Presumptive disability just means you are presumed to be disabled - heck, it's kind of obvious. You automatically qualify if you become blind, deaf, lose your ability to speak or lose two or more limbs. Does that make sense?
ALL: Yes.
MR. WATSON: Presumptive disabilities, such as
- blindness,
- deafness,
- loss of speech or
- the loss of two or more limbs,
MR. WATSON:They automatically qualify the insured for disability benefits. Just remember that.
MR. WATSON: These benefits are paid out in a LUMP SUM.
Accidental bodily injury vs Accidental means ****
- Accidental bodily injury (results)
- Accidental "means" (intent)
MR. WATSON: You are going to go nuts over this...What caused the disability? It depends on the definition, the policy definition. Either accidental bodily injury (results) or "accidental means ". You choose when you buy the policy the definition you want. I've never seen the "accidental means" definition, but you will. Heck, it would never pay. Accidental bodily injury (results) pays whether you meant to jump or you fell. No matter, only the accident must be accidental. With accidental "means" if you meant to jump it won't pay.
MR. WATSON: The last thing a southern man says before he does something stupid is "Hey, Yall, watch this!". Then he tries to jump the swimming pool with his lawn mower. If he had the definition of accidental "means" it won't pay because he meant to perform the action. Accidental "results" would pay, even if the insured does something stupid.
COTTON: That pretty much "blows". I'll take the first one.
MR. WATSON: Sold! I have never heard of the "accidental Means" definition, but that doesn't matter. You need to know the difference.