BUISENESS MANAGEMENT
INSURANCE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bodily injury liability insurance
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comprehension coverage
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Miscellaneous coverage
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collision insurance coverage
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Detailed explanation-1: -We will bear the cost of Towing the Insured Vehicle up to 50 kms from the place of accident or breakdown. Any cost and expenses pertaining to towing of the Insured Vehicle over and above 50 Kms shall be borne by You.
Detailed explanation-2: -Car insurance does not cover towing services. This is because the tow truck driver is considered a third party and the company will only reimburse for the actual cost of the tow. Car insurance companies are still figuring out how to best incorporate these services into their policies.
Detailed explanation-3: -Miscellaneous Insurance refers to contracts of insurance other than those of Life, Fire and Marine insurance. It covers a variety of risks, the chief of which are:-Personal Accident insurance.
Detailed explanation-4: -If the motor car is disabled as a result of the damage which is covered under the policy, the towing charges are payable.