What are 3 examples of mandatory insurance in the US?
For businesses, the net of compulsory insurance is much wider: insurance policies like workers compensation, general liability, specialized liability coverage, automobile coverage, and employee theft insurance are the most common types required for commercial businesses.
What are the mandatory insurance in India?
In India, as per the Motor Vehicles Act, it is mandatory that all vehicles that operate in any public space must have a motor vehicle insurance cover. Policyholders must have at least 'third party liability' motor insurance cover even when opting for the basic insurance plans.
What insurance is mandatory in NJ?
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.