Does Passenger Accident Insurance Overlap with Third-Party Liability Insurance?

[LeJames]

Passenger accident insurance does not overlap with third-party liability insurance. Third-Party Liability Insurance: Third-party liability insurance compensates the victim (unrelated to the policyholder or passengers in the policyholder's vehicle) after an accident occurs, which is commonly referred to as third-party liability insurance. Passenger Accident Insurance: Passenger accident insurance, in simple terms, covers the disability and medical expenses of passengers in the policyholder's vehicle, regardless of which party caused the accident. (There is also a seat insurance with lower coverage; if the policyholder's vehicle is at fault, compensation is paid proportionally, whereas if the other vehicle is at fault, passengers in the policyholder's vehicle are not compensated.) Passenger accident insurance only applies in the event of a traffic accident resulting in accidental injury, death caused by the accident, physical disability due to the accident, or reasonable medical expenses incurred at a hospital designated or recognized by the insurer.