BUISENESS MANAGEMENT
RISK MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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collision
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comprehensive
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bodily injury
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uninsured motorist
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Detailed explanation-1: -When you opt for collision damage car insurance coverage, the cost of repairs to your vehicle that has been damaged is reimbursed.
Detailed explanation-2: -Own damage car insurance provides compensation against any own damages sustained by the insured car due to an unforeseen event like an accident, earthquake, theft, riot, fire, etc. This policy can only be purchased if you have an existing third party liability car policy.
Detailed explanation-3: -Collision insurance policy Collision car insurance covers your car against accidental collisions, either with another vehicle or even with fixed structures. It will also cover you if another car rams into your car while it’s parked.
Detailed explanation-4: -A comprehensive car insurance is an extensive motor insurance plan that covers the insured person against both, own damages and any third party liabilities.
Detailed explanation-5: -Comprehensive coverage protects your vehicle from unexpected damage, such as a tree branch falling on it or hitting an animal, while collision coverage protects against collisions with another vehicle or object.