Wednesday, September 6, 2017

What is the Difference Between First-Party Insurance vs Third-Party Insurance?

Originally published by Paul Cannon.

What is First Party Insurance? First-party insurance is insurance that is purchased to cover the named policy holder (“insured”) against damages or losses suffered by the policy holder to his person or property. The policy holder may be a company, an individual or group of individuals of a particular class (such as employees of a […]

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