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Third party insurance |
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Third party insuranceInsurance which covers against liability which the insured may incur to another person. Every driver in the UK has to be covered for third party motor insurance. If the you damage someone else's car, or injure someone, your third party insurance will pay for any damages you have to pay to the third party, but you will only be able to claim for damage to your own car if you have 'comprehensive' insurance.Similar MatchesConditional insuranceConditional insuranceThe borrower must sign up to one or more insurance policy with the lender in order to take out a specific mortgage. Check that the insurance premiums are competitive. ReinsuranceReinsuranceThe spreading of risk and division of client premiums among insurance companies allowing the sharing of the burden of a large risk. Mortgage 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. 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). National InsuranceNational InsuranceA form of taxation, payable by employees, employers and the self employed, which is notionally to fund state benefits including pensions, sickness, unemployment and maternity. It is part of the state's social security system and ultimately controlled by the Department of Social Security. Further SuggestionsreinsuranceTitle insurance social security disability income insurance National Insurance Pension (State Pension) bank insurance fund convertible term insurance Social Security Disability Income Insurance Disability insurance Private Mortgage Insurance (PMI) endowment insurance Accident, Sickness and Unemployment insurance municipal bond insurance Insurance Insurance excess personal accident insurance Mortgage Life Insurance deposit insurance contract of insurance Insurance principle Private Medical Insurance Insurance premium buildings insurance Uninsured motorist insurance Loss of income insurance casualty insurance |
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