What is Third Party Insurance?

813    Asked by NehaYadav in Business Analyst , Asked on Nov 17, 2019
Answered by Neha Yadav

A policy that covers the harm caused by another individual or party is known as third party Insurance. In this sort of protection, the insured is the primary party, insurance company is the second party whereas the harm done by another is alluded to as the third party. This sort of Protections approach is obtained for vehicles, so that in case of an accident they can claim it.


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