What does Passenger Liability Insurance mean?
1 Answers
Passenger Liability Insurance, also known as Seat Insurance, refers to the passenger coverage under the Passenger Liability Insurance. It means that when an insured and qualified driver causes an accident while operating the insured vehicle, resulting in bodily injury or death to passengers inside the vehicle, and the insured is legally liable for the compensation, the insurance company will provide compensation according to the insurance contract. Below is additional information: Relevant regulations: Insurance liability, for the insured motor vehicle, in case of an accident causing bodily injury or death to the passengers in the insured vehicle during its use, and the insured is legally liable for the economic compensation, the insurer will provide compensation according to the 'Road Traffic Accident Handling Measures' and the provisions of the insurance contract.