Accident insurance is a type of financial product that pays out a lump sum if you incur specific kinds of injury as a result of an accident.

Source: https://www.policygenius.com/disability-insurance/what-is-accident-insurance/#:~:text=Accident%20insurance%20is%20a%20type%20of%20financial%20product,incur%20do%20not%20keep%20you%20out%20of%20work.