What Is Third-Party Insurance?

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What Is Third-Party Insurance? – This is a place for the community to provide tips and advice on What Is Third-Party Insurance?. This topic was created by Wouter van der Goot and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - What is third-party insurance? definition and meaning

Published: 9 years, 5 month(s) ago | Submitted by Jonathan Ellis | permalink

Definition of third-party insurance: Liability insurance purchased by an insured (the first party) from an insurer (the second party) for protection against the claims of another (the third) party. The first party is responsible for its ...

For further reading: http://www.businessdictionary.com/definition/third-party-insurance.html ^[1]

Tip 2 - Third-Party Insurance Definition | Investopedia

Published: 9 years, 5 month(s) ago | Submitted by odd | permalink

An insurance policy purchased for protection against the actions of another party. Third-party insurance is purchased by the insured (first party) from an insurance company (second party) for protection against another party's claims (third party).
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For further reading: http://www.investopedia.com/terms/t/third-party-insurance.asp ^[2]

Tip 3 - Third Party Insurance Definition | Third Party Insurance Meaning - The Economic Times

Published: 9 years, 5 month(s) ago | Submitted by TJ Smith | permalink

Third Party Insurance Definition: If the beneficiary of a policy is someone other than the two parties involved in the contract, it is called 'third-party' cover.

For further reading: http://economictimes.indiatimes.com/definition/third-party-insurance ^[3]

Tip 4 - Define Third-Party Health Insurance

Published: 9 years, 5 month(s) ago | Submitted by Stefan van Gestel | permalink

The typical health insurance policies that small business owners purchase for themselves and their employees are classified as third-party health insurance. Third-party health insurance is defined as ...

For further reading: http://smallbusiness.chron.com/define-thirdparty-health-insurance-43641.html ^[4]

Tip 5 - the definition of third-party insurance

Published: 9 years, 5 month(s) ago | Submitted by shashi anand | permalink

Third-party insurance definition, insurance that compensates for a loss to a party other than the insured for which the insured is liable. See more.
Tags: third-party insurance, online dictionary, English dictionary, third-party insurance definition, define third-party insurance, definition of third-party insurance, third-party insurance pronunciation, third-party insurance meaning, third-party insurance origin, third-party insurance examples

For further reading: http://dictionary.reference.com/browse/third-party%2Binsurance ^[5]