Motor Insurance

Definition

Motor Insurance (also Car, Auto or Vehicle Insurance) is a widely used class of insurance product (policy) whereby an insured person (policy holder), in exchange for an insurance premium paid regularly obtains a promise by an insurer to cover specified amounts covering a covered vehicles damages

Solvency II

For Solvency II purposes motor insurance falls under the non-life category

See Also

• Motor Vehicle Loan

External Links

• Solvency II Glossary
• Wikipedia

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