Passenger liability cover is provided to protect the owners and drivers of the vehicles for any legal liability to their passengers whilst traveling in the insured vehicle.
Things you need to know:
Premiums are payable monthly or annually in advance
The insurer will not be liable under the following circumstances:
The vehicle must be driven by a licensed driver
The vehicle must not be over loaded (as defined in the policy wording)
The vehicle must be roadworthy (as defined in the policy wording)
Claims, or potential liability claims, must be reported in writing within 3 (three) months of the date of the accident
No claim will be considered unless the full premium has been paid to date.
To find out more about the options on Taxi Liability Short Term Insurance Plans contact Riskfin today.