If your negligence hurts someone or damages their stuff, the insurance company pays
up to the policy limit instead of you paying.
If your negligence hurts someone or damages their stuff, the insurance company pays
up to the policy limit instead of you paying.
Not exact matches
For the non-finance people and beginners out there, how should we go ahead with such plans and know what
to invest so that we will not end
up worse than what we could have had from insurance companies (the surrender value) if we hadn't signed
up for term insurance, ie, signed
up whole life,
limited premium, ILP
policies instead?
For US citizens traveling abroad, some
policies will cover pre-existing conditions
up to a certain
limit, an / or for a shorter time (12 months
instead of 36 months, or some as low as 60 days).
Some
policies are
limited to age restrictions and the credit insurance sales person will often not ask your age but
instead just sign you
up for the insurance.
Instead, with no - fault coverage, also known as Personal Injury Protection (PIP), your injuries will be covered in a car accident,
up to your
policy's
limits, no matter who caused the accident.