term insurance accident what is
Meaning of passenger accident insurance. What is it: in the insured person's vehicle.

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Definition passenger accident insurance

PASSENGER ACCIDENT INSURANCE title: passenger accident insurance (FS-PM) (SAP Library - Glossary)
PASSENGER ACCIDENT INSURANCE category: Policy Management (FS-PM)
PASSENGER ACCIDENT INSURANCE explained:

Extends the auto insurance coverage and protects passengers in the insured person's vehicle, regardless of the question of who is at fault. There are variants of passenger insurance, such as:

Flat-rate system:

The sums insured are distributed equally to all entitled passengers, who were in the vehicle at the time of the accident. For two or more insured persons, the agreed totals are automatically increased by 50%.

Seat system:

Each individual seat in the vehicle is insured for the same amount. If, at the time of the accident, more persons are insured than persons or seats specified, the compensation for the individual person is reduced appropriately.

Named insurance for other persons:

This insurance type is independent of a specific vehicle. With accident insurance using the flat-rate system and the seat system, all entitled passengers in the vehicle named in the policy are insured, excluding drivers and passengers who are employed by the policyholder (occupational drivers). With named insurance for other persons, only named, listed persons are insured.

More terms such as passenger accident insurance in Dictionary P.

Manual Packaging Layer:
Help Part of the packaging hierarchy that specifies in which packaging a particular material is packed. The packaging layer is defined by a packaging unit passenger accident insurance definition.
Manual Public-Key Technology:
Help for securing digital documents. Public-key technology uses key pairs to provide its protection. Each participant receives an individual key pair consisting of a public key and a private key. These passenger accident insurance explain.
Manual Performance-Based Campaign:
Help discounts assigned to customers based on the customer's pastperformance These discounts are provided based on certain predetermined criteria, such as particular product groups or categories. The passenger accident insurance what is.
Manual Plan Debit:
Help planned to debit an object. In Cost Object Controlling, plan debits can be determined for all cost objects. The plan debit is determined during preliminary costing for the cost object. The SAP System passenger accident insurance meaning.
Manual Provider Structure:
Help structure is made available by the source system, and corresponds to the quantity of all the InfoObjects that can be used for the data loading process from the source system by one InfoSource in BW passenger accident insurance abbreviation.
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