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Third-party insurance is an insurance policy purchased for protection against the claims of another. One of the most common types is third-party insurance is automobile insurance. The driver who caused damages is the third party. Third-party insurance is essentially a form of liability insurance purchased by an insured first party from an insurer second party for protection against the claims of another third party. The first party is responsible for their damages or losses, regardless of the cause of those damages. There are two types of automobile third-party liability coverage.
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Important documents

The Department of Revenue is now accepting applications to register as a third party purchaser of certificates of delinquency in Kentucky effective for the calendar year of All third party purchasers who meet the following conditions must register with the Department of Revenue:. You will be eligible to begin purchasing certificates of delinquency from any tax year 60 days from the date your application is received by the Department of Revenue. Links are listed below that will provide you with access to the Application for Certificate of Registration to Purchase Certificates of Delinquency and the accompanying instructions. In addition, links to the regulations that provide more specific details about the registration process are shown.
Never miss a great news story! Get instant notifications from Economic Times Allow Not now. Accidental death benefit and dismemberment is an additional benefit paid to the policyholder in the event of his death due to an accident. Dismemberment benefit is paid if the insured dies or loses his limbs or sight in the accident. Description: In an event of death, the insured person gets the additional amount mentioned under these benefits in the insurance policy.
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Third party property


Choose from a range of home insurance packages as well as optional extras to protect your home. Allianz's Landlord Insurance takes care of the property and the contents items you provide for your tenant's use. Please see the PDS for full details. Business insurance covers your business from financial insecurity resulting from unexpected circumstances. Workers compensation operates under complex state-based legislation that can make understanding your obligations and managing your claims difficult. Our expert team understands the complexities of workers compensation and will support your business and injured workers through the claims management process.

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