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Credit hire is a specific term many people may be unaware of, despite it being an ordinary process in the insurance world. Following a road traffic accident, someone needs a replacement/credit hire vehicle while own car is unroadworthy and/or being repaired.
This is called double indemnity coverage and is often available even when accidental death insurance is merely an add-on to a regular life insurance plan. Some of the covered accidents include traffic accidents, exposure, homicide, falls, heavy equipment accidents and drowning. Accidental deaths are the fifth leading cause of death in the U.S ...
Collision insurance pays to repair your car after accidents with other vehicles or objects, while comprehensive handles damage from non-collision events like theft, vandalism, weather and falling ...
Personal injury protection (PIP) is an extension of car insurance available in some U.S. states that covers medical expenses and, in some cases, lost wages and other damages. PIP is sometimes referred to as "no-fault" coverage , because the statutes enacting it are generally known as no-fault laws, and PIP is designed to be paid without regard ...
Preserving the scene of an accident can lead to heavy traffic. But is it against the law?
In the event of an accidental death, accidental death and dismemberment insurance, often abbreviated as "AD&D", will pay benefits in addition to any life insurance held by the insured. Accidental deaths are the third leading cause of death in the U.S. [4] Some accident insurance policies will include benefits for accidental death and dismemberment.