Definitions for "MEDICAL PAYMENTS INSURANCE"
Related Terms:
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A coverage found in auto and liability policies that pays medical expenses to injured persons without regard to liability.
A form of insurance, optional in automobile policies, that provides for the payment of medical and similar expenses without regard for liability.
Insurance that pays doctor and hospital bills (and funeral expenses, if necessary) for injuries to the insured and family members who live with the insured, regardless of who caused the accident.
A coverage, available in various liability insurance policies, in which the insurer agrees to reimburse the insured and others, with regard for the insured's liability, for medical an funeral expenses incurred as the result of bodily injury or death by accident under specified conditions.
A coverage to compensate people who sustain an injury while on your property or whom you injure accidentally. This coverage excludes those who live in your house.
In certain states, Medical Payments insurance is a coverage under which an insurer agrees to pay, up to a specified limit, medical, surgical, hospital, and funeral expenses, regardless of the liability of the insured.
Coverage that reimburses you and your passengers - regardless of legal liability - for medical or funeral expenses stemming from bodily injury or death by accident.
A provision in an insurance policy to pay certain specified medical expenses of others irrespective of the insured's legal liability.
A coverage, available in various automobile and liability insurance policies, in which the insurer agrees to reimburse the insured and others, without regard for liability.
A coverage in which the insurer agrees to reimburse the insured and others up to a certain limit for medical or funeral expenses as a result of bodily injury or death by accident. Payments are without regard to fault.
protection available under various liability insurance policies under which the company reimburses, without regard to the insured's liability, the insured and others as specifically provided in the policy for medical or funeral expenses incurred by such persons as the result of bodily injury or death sustained by accident under the conditions specified in the policy. Medical payments coverage associated with premises (e.g., in a CGL or HO policy) is generally for the expenses of third parties, while auto med pay coverage is generally for expenses incurred by insureds.