Policies - Insurance Software development

What is Comprehensive Coverage and in which AL3 group its details can be found in Personal Lines policies? Which elements are important in this group to get the details?

Author - Webner
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4:40 am
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Insurance Coverage: Insurance Coverage is defined as the amount of risk or a potential loss including liability that has been protected by an insurance policy. Coverage mainly helps to recover the financial losses, damages that occur to property, and any health issues. For this kind of Coverages, an Individual pay an Insurance premium for a particular policy.

Comprehensive Coverage: Comprehensive coverage helps to cover the cost of damage to the vehicle when the accident is not caused by a collision and the insurance holder is also involved in that accident. It mainly covers losses like theft […]

Bodily Injury Liability in Personal Lines policies

Author - Webner
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4:41 am
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What is Bodily Injury Liability and in which AL3 group its details can be found in Personal Lines policies?

Introduction to Bodily Injury coverage:

If you get into a car accident and injure another person, bodily injury liability covers the expenses involved in treating that person. This insurance coverage pays the hospital bills and the lost income of the individual as a result of the accident. In case, if the injured person sues you for the accident, It will also cover the legal fees for that.

Bodily injury coverage is subject to a limit, which is […]

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