Insurance Verifier Interview Question:

Do you know what is third party Insurance?

Submitted by: Muhammad

An 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 the third party. This type of Insurance policy is purchased for vehicles, so that in case of the accident they can claim it.
Submitted by: Muhammad