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2012-12-30 19:05:05
2012-12-30 19:05:05

Third party liability for pet insurance refers to pet liability insurance, which is completely different than traditional pet health insurance. Pet liability insurance covers claims for dog bites and other injuries related to your pet attacking or hurting another person or animal. It will pay legal fees and medical bills. Pet health insurance on the other hand pays for medical bills if your dog or cat gets sick or injured.

It's important to understand that these products are completely different and sold by different companies.


Related Questions

On your insurance, driver hit TP means third party. This basically means that if you hit anyone, that person can claim against your liability.

You may have misconstrued the words. With respect to property and casualty insurance, there are the concepts of first-party coverage and third-party coverage. First-party coverage is that which you obtain to protect your pwn property. An example of this would be the collision coverage on your car, which pays to repair the car irrespective of whether you or another person damages it. Conversely, an example of third-party coverage woukd be liability coverage. This pays for the damages of a third party (property damage or bodily injury) if you are found legally liable for the damages. All of that said, if what you really mean is that someone used the term "two-party" to you in applying for insurance, my best assessment would be that you and another person are insured under the same policy. Since you posped this question in the health insurance category, it may mean that you and a spouse are insured under the same policy, which would not be uncommon. If you can provide further facts, I'd be pleased to further clarify.

Professional Liability Insurance (also known as Errors and Omissions Insurance) insures businesses with the defense they need if a dissatisfied client makes a claim against it.

A public liability is a form of insurance purchased by businesses. This insurance protects a company from lawsuit in the event a consumer is harmed as a result of their actions.

Property and liability (P & L) insurance

The term 'excess' insurance is usually for liability coverage. An excess liability policy is also commonly referred to as an 'umbrella' policy because it offers additional coverage over other liability coverages. In the case of a subcontractors insurance, it would be a policy which would extend higher limits than the base policy on general liability and auto liability.

CTP green slip insurance refers to compulsory third party personal injury insurance. This is required insurance to be bought when registering a car that provides coverage when the person driving the car is at fault in an accident.

An occurrence is a loss, or a claim filed on the policy.

No, they can't refuse. Not having a person on your policy and having liability only doesn't mean that the responsible party is relieved from accountability. File a claim with the other party's Insurance co, if not sue the other driver, as long as you can prove that they were at fault.

Auto insurance consists of both liability insurance and physical damage coverage. Collision coverage is part of the physical damage section of an insurance policy and is designed to either repair or replace your vehicle if you are involved in an accident up to the fair market value of the vehicle. Collision will pay for both damages caused in an at-fault accident and damages caused in a not at-fault accident if the other party did not have insurance. If the other party did have insurance and they were responsible for the damages, the other party's liability insurance would pay for your vehicle damages through Property Damage coverage. You are responsible to pay for your collision deductible for at-fault accidents before a claims payout will be made.

Don't understand the question. What do you mean by a "third party residence?"

Collector car insurance means you can insure your classic car for coverage due to damage or liability. This is specialized insurance that is not available in every state.

This means that a claim has been made AGAINST you. Your insurance company, in most instances, will not pay the third party until they have discussed the claim with you and verified what happened.

Usually, if it has to do with a third party, it means: Bank Service Plan I just found this out today after calling an insurance company to ask them what it stood for on my account.

That usually means you have the state required liability limits and nothing more.

If you are named as Certificate Holder on a Certificate of Insurance, the insurance company MAY or (in some instances) HAS TO notify you if the policy cancels prior to the renewal date.

It means that the professional has obtained security in the form of an insurance policy for the protection of the professional and the client from errors or omission in the services or advice provided.

An idemnity clause in health insurance means that a sum is paid by a party to another party by way of compensation for a particular loss suffered by the party receiving payment.

If you mean the difference between General Liability (GL) and Director's and Officer's Liability (D&O), GL typically covers your products, premises and operations, advertising and personal injury liability. D&O covers the liability arising from the operations and decisions of the directors and officers of an organization. Because directors can be personally liable for their decisions, whether for a corporation, limited liability company, non-profit or other form of an organization, D&O provides specific coverage for their liability.

In the automobile insurance industry, PL stands for public liability and PD stands for property damage.

Your liability insurance does not cover medical expenses in your vehicle no matter who is driving. Depending on your state and the regulations there, this could vary somewhat. Liability is coverage for the party and passengers in a vehicle that you hit if you are at fault. If you are talking about a person in the other car then yes, but if you mean a person in your car the answer is no. You need to purchase "Medical Payments" or PIP coverage to provide medical coverage fro those in your car.

A medical claim is the application for compensation against a health insurance policy or against another's liability insurance policy for the covered portion of a covered event.

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