"Specified accident coverage" means an accident insurance policy which provides coverage for a specifically identified kind of accident or accidents for each person insured under the policy for accidental death or accidental death and dismemberment combined, with a benefit amount not less than:

1. (a) $1,000 for accidental death;
2. (b) $1,000 for double dismemberment; and
3. (c) $500 for single dismemberment.

(Authorized by K.S.A. 40-103, 40-2218; implementing K.S.A. 40-2218; effective Feb. 15, 1977; amended May 1, 1986.)