BUISENESS MANAGEMENT
INSURANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Covers any property lost during your 3rd party attended
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Third Party Fire & Theft policies offer cover for damage to your vehicle from fire, theft or an uninsured driver (but cover may be limited).
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Only covers uninsured drivers.
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cover is always limited
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Detailed explanation-1: -This policy provides cover for third-party liabilities. Fire and theft are covered. It does not provide cover for own damages in case of an accident. Slightly more expensive than a third-party liability policy.
Detailed explanation-2: -As the name suggests, third party, fire and theft offers the same cover as third party only insurance but can also pay out if your car is stolen or damaged by fire. This level of insurance is usually more expensive than basic third party cover.
Detailed explanation-3: -Third party, fire, and theft car insurance covers you for any damage made to a third party, their vehicle, or property due to an accident. It also covers you for damage caused by fire or having your vehicle stolen. Third party, fire, and theft does not cover your own vehicle if it’s damaged in an accident.
Detailed explanation-4: -Third Party, Fire and Theft covers you if you’re involved in an accident or incident where someone else’s car or property is damaged. In addition this cover protects the car in the event of fire damage. This includes accidental and criminal fire damage.
Detailed explanation-5: -Third party: A third party is a person or a vehicle owner who has been affected by the actions of the first party’s insured vehicle in any way.