Sentences with phrase «optional for policy holders»

In both the old PIP and the new tort systems in Colorado, comprehensive, collision, and uninsured / underinsured motorist coverage were / are all optional for policy holders.

Not exact matches

Uninsured motorist coverage is required in some states, and optional in most others, and pays for injuries to the policy holder and his or her passengers, and in certain cases for damage to property.
Other than those main benefits mentioned above, any policyholder of this premium policy will gain some optional benefits as in, Rider benefits: ● LIC benefit under the claim for accidental death of the premium holder or even the disability after the accident.
Optional coverage like full coverage and collision are required if a policy holder is to get claim payments for insurance companies to offset their losses.
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