Disability Benefits for Victims of Traffic Accidents – Size of Compensations Offered by the Current Amount of Coverage in MTPL Insurance
Disability Benefits for Victims of Traffic Accidents – Size of Compensations Offered by the Current Amount of Coverage in MTPL Insurance
Author(s): Anna Jędrzychowska, Ewa Poprawska
Subject(s): Evaluation research, Demography and human biology, Victimology
Published by: Masarykova univerzita nakladatelství
Keywords: MTPL insurance; personal injuries; provision for capitalized value of pensions;
Summary/Abstract: Liability insurance protect the insured against the financial consequences of the potential claims of persons or entities to whom the insured causes injury and, according to law, is obliged to repair. At the same time liability insurance protects third parties who are injured as a result of the events for which the insurance holder is responsible. They give a sense of security and greater certainty of receipt of future benefits. It should be remembered that the responsibility of the insurer in the liability insurance is limited by amount of cover defined in the contract, representing mostly the limit of liability for one and / or all of the events.
Book: European Financial Systems 2014
- Page Range: 280-287
- Page Count: 8
- Publication Year: 2014
- Language: English
- Content File-PDF