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Motor insurance |
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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 MatchesMortgage life insuranceMortgage life insuranceA life insurance policy which pays off the outstanding balance of a mortgage in the event of the death of the insured. Loss of income insuranceLoss of income insuranceInsurance coverage that will pay out income that a policyholder loses as a result of a disability, injury, or business disruption. Insurance policyInsurance policyThe document which specifies the details and conditions of cover of an insurance contract together with the premium payable. Insurance principleInsurance principleThe law of averages. The average outcome for many independent trials of an experiment will approach the expected value of the experiment. Insurance premiumInsurance premiumPayments calculated by the insurance company based on risk factors that must be made by the insured to guarantee protection of property loss under an insurance policy. Further SuggestionsTerm insuranceGuaranteed insurance contract Insurance settlement Named perils insurance contract of insurance Blanket insurance policy Straight term insurance policy Export credit insurance Payment protection insurance casualty insurance uninsured motorist insurance National Insurance (NI) Contributions Federal Deposit Insurance Corporation (fdic) deposit insurance Title insurance Buildings and contents insurance Insurance excess insurance premium tax insurance homeowners insurance Interest sensitive insurance policy keyman / keywoman insurance Marine Cargo Insurance Bank Insurance Fund (BIF) Keyman Insurance |
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