What does Owner Exclusive Protection mean?
1 Answers
Owner Exclusive Protection refers to customized accident insurance policies offered by major financial institutions, insurance companies, and bancassurance providers specifically for operating vehicle owners or frequently traveling drivers. Below are the detailed introductions: 1. Private Car Accident Insurance: A specialized accident protection insurance designed for private car drivers, with the insured's body as the subject. If the private car driver or passengers encounter accidental injury risks while traveling in the private car, and in the event of an accident leading to death, disability, or medical expenses, the insurance will provide compensation under specified conditions. 2. Operating Owner Medical Insurance: This refers to critical illness insurance. Operating vehicle owners often spend long hours driving inside their vehicles, and major ride-hailing drivers also have their own 'insurance' coverage.