Explain what is third party Insurance?
Submitted by: MuhammadAn insurance policy that covers the damage caused by another person or party is known as third party Insurance. In this type of insurance, the insured is the first party, insurance company is the second party while the damage done by another is referred as thethird party. This type of Insurance policy is purchased for vehicles, so that in case of theaccident they can claim it.
Submitted by: Muhammad
Submitted by: Muhammad
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