MANAGEMENT

Detailed explanation-1: -Liability coverage pays for the policyholder’s legal responsibility to others for bodily injury or property damage. Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.

Detailed explanation-2: -Four types of insurance that most financial experts recommend include life, health, auto, and long-term disability.

Detailed explanation-3: -The PAP is divided into the following six parts: liability coverage, medical payments coverage, uninsured motorist coverage, physical damage coverage, duties after an accident or loss, and general provisions. Below is an explanation of each part. This is the only portion of auto insurance that is mandatory.

Detailed explanation-4: -Inclusions of Comprehensive Car Insurance Plan Damages caused due to accident, riots, strikes, malicious acts, earthquake, flood, storm etc. Loss or theft of the insured vehicle. Third-party liability. Personal accident cover for the driver.