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What is compulsory insurance


Compulsory Insurance — any form of insurance that is required by law. In most states, for example, automobile liability insurance is compulsory for all automobile owners.

What is compulsory insurance in Massachusetts?

Bodily Injury to Others

What is an example of an optional insurance?

Optional Insurance means Mortgage/credit life insurance, accidental death ------------------ insurance, disability insurance, unemployment insurance or any similar optional insurance covering a Mortgagor for which premiums are collected by Subservicer.

What insurance is compulsory in Ireland?

There are two mandatory insurances in Ireland, Motor insurance and Public Liability insurance (if you are a business owner). When you register a car in any EU country, you must insure it for third party liability.

What is compulsory legislative insurance in South Africa?

The Road Accident fund (RAF) is identified as compulsory insurance that is provided for all road users in South Africa.




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[PDF] The compulsory health insurance system - BAG

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