Sentences with phrase «party on the behalf of the policyholder»
The insurer of the vehicle owner then compensates the decided amount to the third - party on the behalf of the policyholder.
https://www.policybazaar.com/ Not exact matches
In case of demise of the third party in a car, accident compensation will be made by court order on behalf of the policyholder.
The insurance premium offered by the bank might be higher in comparison to other standalone insurance providers, as insurance is a third - party product and banks would have to purchase them on behalf of the policyholder.