When do benefits typically begin under a weekly indemnity plan for accidents?

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In a weekly indemnity plan for accidents, benefits typically begin on the day of the incident. This means that once an accident occurs, the insured is eligible to receive benefits immediately. This prompt commencement of benefits is integral to the purpose of indemnity insurance, as it is designed to provide immediate financial support to the insured while they are unable to work due to the accident.

The other options indicate delays in benefit initiation, which are not standard in weekly indemnity plans. A layoff of benefits starting after a few days or weeks may apply in different types of policies or for different types of coverage, but in this context, the immediate effect is the primary characteristic of weekly indemnity plans. This is particularly important for individuals who require swift financial assistance due to lost income following an accident.

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