In case of an accident, can the Insured advance payment to the Third Party and ask for reimbursement expense?

• Related Articles

• Who are considered as Third Party?

  Third Party is any person other than the insured excluding any member of household or member of the family up to second degree of affinity or consanguinity or his employee in respect of death, bodily injury or damage to property arising out of and in ...

• What should I do in case of a loss / accident or incident that may possibly result to a claim?

  Report the accident and notify either Kwik.Insure or the insurer directly. Make sure to take photographs of the accident and any damaged parts. Secure the vehicle to prevent further loss/ damage. To avoid obstructing traffic, vehicles may be moved to ...

• Are my passengers covered under the policy in the event of an accident?

  If the policy has Auto Personal Accident (APA) cover, the insurer will pay for the expenses incurred by the passengers and the driver in case of an accident subject to the limits stated in the policy.

• If the insured unit were carnapped or declared a total loss, could I insist on settlement based on the limit of liability under Section III-Loss and Damage?

  In case of a total loss of the insured vehicle, the amount of settlement shall be based on the fair market value of the unit at the time of loss but not to exceed the limit of liability under the policy. If the fair market value at the time of loss ...

• Can I get a refund on my deductible and/or depreciation?

  If liability for the accident is attributable to an identified third party, the insurer’s legal unit shall, upon settlement of the own damage claim, initiate recovery action against the erring third party or third party insurer. The insured’s ...