We get involved in road accidents sometimes when we commute or travel. These accidents often result in damages to our respective cars and also to third parties. Thus, the effect of such accidents is that innocent parties and road users are either seriously affected by damage to their properties, cars or sustain injuries. The liability…
Meaning of Truck Insurance in India Truck Insurance in India is an insurance policy that provides insurance coverage for trucks which transport goods in the event of an accident leading to damage to the truck. Furthermore, the damage may also result from other sources such as from natural disasters such as earthquakes, cyclone etc. The…
The Car insurance in Sweden (bilforsakring) is a contract between an owner of car and the Insurance wherein the later undertakes subject to payment of to offer insurance against financial loss in the event of an accident or loss of the car or other perils such as fire incident. The protection the insurance company provides…
Meaning of Third Party Liability Car Insurance The third party liability car insurance in USA is a category of liability insurance policy that provides financial coverage to a car owner in the event of damages to properties or injury to bodies of third parties as a result of accident. In car insurance, the policyholder is…
Introduction Liability insurance is one of the classes of insurance plan. This is because of the enormous risks of damage to third parties we face on daily basis. Although, these damages are things we do not always anticipate, however, they happen from time to time with limitless financial implications. These financial burdens may range from…
It is compulsory that vehicle insurance in Finland must include Third-party liability as a minimum coverage requirement. Similarly, the drivers must mandatorily drive along with their driving license, passport and vehicle registration forms. However, before for insure your vehicle in Finland, you have to ensure that the license plate is one with its registration in…
Most times we get involved in accidents and the resultant effect of such accidents is that innocent parties and road users are seriously affected or injured. Some other times, their vehicles and other belongings sustain damages also. The provision of insurance policy that will protect the vehicle owner in the event that innocent third parties…
The Car insurance in Finland is a contract between a Policyholder and the Insurer that protects the policyholder against financial loss in the event of an accident or loss of the car or other perils such as fire incident. The coverage or protection the insurance company provides is in exchange of payment of insurance premium….
The third party bike insurance policy refers to a plan that provides insurance coverage for any other person other than the bike owner himself. Most often, your bike gets involved in an accident injuring an innocent third party who may raise a claim against you. This can be for causing injury or damages or losses…
MEANING OF BUSINESS INSURANCE Business insurance is a type of insurance policy that protects a business owner against financial losses. These loses may arise from various incidents which negatively affects the life, survival and operations of his business entity. And associated investments. It is also known as commercial insurance. Buying business insurance policy will help…