What Is First Party, Second Party, Third Party Insurance | 3 types Insurance Full Details

 What Is First Party, Second Party, Third Party Insurance | 3 types Insurance Full Details

So hi wass up guys today I discuss 3 Types of insurance so I am provide fully and clearly details so please be patient and read the full article. because if you no read full article then face the many problems so please read full article.
So let's start....

First I clear 3 types of insurance if you know so please read before my article.
1. First Party,
2. Second Party,
3. Third party.

So please read article carefully because if you miss any word so you not understand. And this article is my own experience in 3insurance policy.

1. First Party:   like what is first party insurance. First I clear insurance means financial help for company. But who will help and who will help. So guys if you drive bike and car so suddenly your bike, car is accident. So this case As much as the your car was damaged and the car of the person who had the accident both are compensation on this company (The company in which you have fixed the insurance) but according to the rule this company was pay the compensation who cover the agreement and according to rule. Like any percentage 50%, 55%, 30%, 80% not fix depended to company and you bike condition. So this call first party insurance.

2. Second Party:   guys second Party Insurance is not insurance. That is a name like, first - second - third party insurance. This insurance are called in company. Company means refers to the company in which you are doing your insurance.

3. Third Party:   so guys third party insurance is one side of insurance. But what is one side of insurance? Like if you drive the car yah bike so suddenly your car yah bike is accident. But this case your any damages is not claim any compensation but You will get compensation for the damage caused to the car that was hit by the jar. So this case is apply third party of insurance.

So guys if you drive car, bike anything so you have most important is third party insurance. So be careful and be healthy. And if you like the post please follow this site and if you like this post so please share and any problem, any doubt please comment. Thank you.......