What is meant by a third party insurance?
A third-party claim is a claim filed by someone other than the policyholder or insurance company. If you're in a car accident that someone else causes, you can file a third-party claim with the other driver's insurance for your covered accident-related expenses.
What are the 3 types of insurance?
Then we examine in greater detail the three most important types of insurance: property, liability, and life.
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