Different Types of Car Insurance Policy – Comprehensive Coverage, Third Party Fire & Theft Coverage and Third Party Only Coverage

There are 3 main types of car insurance policy: (1) Comprehensive Coverage, (2) Third Party Fire & Theft Coverage (TPFT), & (3) Third Party Only Coverage (TPO). Each insurance policy has its unique characteristics. The coverage that you should get depends on a few key factors. We’ll take a look at them here.

By | 2016-12-14T02:55:34+00:00 March 8th, 2012|Car Insurance Tips|3 Comments

Third-Party Only Motor Insurance

This type of motor insurance provides coverage only for (1) death or bodily injuries to third parties &/or passengers, and (2) damage to 3rd party’s property. This is quite similar to the Act Liability Only Insurance, just that third-party insurance also covers against damage to property as well as accidents occurring on roads and private [...]

By | 2016-12-14T02:55:51+00:00 December 27th, 2008|Definition Of Car Insurance Terms|0 Comments