BUISENESS MANAGEMENT
INSURANCE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
Property Damage
|
|
Medical Payments
|
|
Collision
|
|
Comprehensive
|
Detailed explanation-1: -Third-party insurance offers protection against damages to the third-party by the insured vehicle. It covers physical injuries, damages to the vehicle, damage to the property, and death.
Detailed explanation-2: -Comprehensive insurance is insurance coverage that pays for the repair or replacement. Comprehensive car insurance typically covers third-party liabilities, damage from an accident, fire, natural calamity, theft, etc.
Detailed explanation-3: -Bodily injury liability-It covers bodily injury claims of people who get injured in an accident. Property damage liability-It covers property damages to third parties such as another person’s car. Medical payments-This payment is done to the policy owner and other passengers in the policy owner’s car.
Detailed explanation-4: -The experts of the car insurance industry say that if you have insured your car with a comprehensive car insurance plan, then the insurance company provides you coverage against any loss or damage to your vehicle caused because of fire.
Detailed explanation-5: -Physical damage insurance covers damage to the insured vehicle from situations like theft or burglary, vandalism, earthquake, terrorist activity, accidental damage, fire, riots, animal attack, landslide, rockslide, etc.