What does passenger liability insurance mean?

[Finn]

Passenger liability insurance, also known as seat insurance, refers to the passenger coverage within passenger liability insurance. It means that when an insured and qualified driver causes an insured accident while using the insured vehicle, resulting in bodily injury or death to passengers inside the vehicle, and the insured is legally liable for compensation, the insurance company will provide compensation according to the insurance contract. Passenger liability insurance is a major component of commercial vehicle insurance, primarily functioning to compensate for injuries or deaths of passengers caused by traffic accidents. Although passenger liability insurance may seem similar to personal accident insurance at a glance, with relatively low coverage amounts, it offers a broader scope of protection, lower premiums, and is not related to the vehicle's price.