|
|
Motor insurance |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Motor insuranceThe insurance of motor vehicles covering damage or loss and liabilities for injuries to other people and damage to property.Drivers in the UK have to insure against third party claims. Under this type of insurance, if it is proven that the insured is the cause of an accident, the insurance company will only pay for injury or repairs for damage to the property of the third party.A variant of this is third party fire and theft insurance which is basically third party insurance plus additional cover if the insured's vehicle is damaged by fire or if stolen.For a higher premium, comprehensive insurance gives additional cover to the insured including damage to his/her vehicle, personal effects and overseas travel etc.Similar MatchesEndowment insuranceEndowment insuranceA cash value life insurance policy with a fixed term. Premiums are applied to give life insurance cover for the face amount and at the end of the term the cash value will equate to the face amount and be payable. Insurance premium taxInsurance premium taxA tax imposed on certain insurance premiums where the risk is located in the UK. Mortgage payment protection insurance (MPPI)Mortgage payment protection insurance (MPPI)An MPPI policy pays your mortgage for you if you become unable to work for an extended period of time, as a result of redundancy, accident, sickness or disability. It should provide enough income to cover all your monthly mortgage expenses. If you have a repayment mortgage, this should be your capital and interest repayment and if you have an interest-only mortgage, the MPPI should cover your interest payment as well as your normal monthly contribution to the investment vehicle that will repay your loan. Municipal bond insuranceMunicipal bond insuranceAn insurance policy which guarantees payment on municipal bonds in the event of default . Bank Insurance Fund (BIF)Bank Insurance Fund (BIF)A unit of the Federal Deposit Insurance Corporation (FDIC) that provides Federal Deposit Insurance Corporation (FDIC) for banks excluding Federal Deposit Insurance Corporation (FDIC). Further Suggestionsgroup insuranceSavings Association Insurance Fund (SAIF) insurance broker holiday insurance Federal Deposit Insurance Corporation Mortgage Insurance Home Warranty Insurance major medical expenses insurance cash value life insurance Guaranteed replacement cost coverage insurance Annual renewable term insurance Life insurance policy participating life insurance personal accident insurance Insurance premium Marine Cargo Insurance Stock insurance company Private Medical Insurance Renewable term life insurance permanent health insurance (PHI) third party insurance whole life insurance Guaranteed insurance contract Title insurance indemnity insurance |
|
|
|