Short-term accident insurance refers to comprehensive accident insurance at a certain moment and in a short period of time. In this short period of time, usually a few hours, days or months, the conditions for paying insurance benefits are that the insured dies due to accidental injury, is disabled, has medical expenses or is temporarily incapacitated. For example, accidents such as trains, planes, cars, ships, etc. occurred in this process. For example, single aviation accident insurance refers to the one-way journey of the insured flight number, which covers the accidental injuries that occur during the period from stepping into the cabin to stepping out of the cabin.
Compared with short-term accident insurance, the biggest difference between long-term accident insurance and short-term accident insurance is that the guarantee period is relatively long, and one-year consumer products are the most common. With the continuous development of the accident insurance market, there are also new accident insurance products with the guarantee period of 10 year, 20 years and 30 years. This kind of products mostly appear in the form of additional insurance, and the main risk is usually whole life insurance or old-age security. Part of the long-term accident insurance also has the investment function, that is to say, while obtaining the long-term accident protection, it can also repay after the expiration and obtain certain income.