Sentences with phrase «party liability insurance premium»

Not exact matches

When IRDA decides the premium for third party liability insurance, it is done on the basis of the cubic capacity of the engine.

Motor vehicle owners, of the affordable variety, are going to pay lower premiums on their third - party (TP) liability once the Insurance Regulatory and Development Authority of India's (Irdai's) latest proposal translates into revised rates from general insurers.

This indexed universal life insurance policy (this «Policy») is not sponsored, endorsed, sold or promoted by SPDJI, S&P, or any of their respective affiliates and none of such parties make any representation regarding the advisability of paying premiums for the Policy nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.

The second situation in which you can use Liability Insurance or Coverage is when the policyholder (the person paying the premium) becomes the actual third party or claimant.

Save More - IRDA revises the premium of third party liability insurance every year or so.

From the above discussion regarding the third - party insurance plan, it supports low premiums, no - Fault liability and covers bodily injury, property damage, and even the death of a third party.

You want to make sure your stuff is protected against damage or theft and it is also a good idea to include personal liability insurance on your renters premium, especially if you and your roommates are known to throw a few off campus house parties from time to time...

Reduction in premiums for motor vehicle liability, first - party medical, and collision coverages for certain named drivers (a) For each personal or family - type policy of private passenger motor vehicle insurance issued or issued for delivery in this state, there shall be offered by the insurer a reduction of not less than 10 percent in premiums for motor vehicle liability, first - party medical, and collision coverages to the policyholder if all named drivers, as listed or who should be listed on the policy application or provided in information subsequent to such application, of each motor vehicle covered by such policy satisfy the requirements of subsection (b) or subsection (c), as applicable, of this Code section.

A home insurance policy will also often include some form of coverage for a policy holder's liability arising from bodily injury particularly on the premises of the insured party but not in the case of mental injury, though mental injury coverage can be added to these policies typically for an additional premium payment.