Unless the person died while wrecking the car, no. I believe you are looking for a type of life insurance that pays the loan balance upon death of the owner of the loan and vehicle. This is mortgage life insurance.
It is meant to protect you in case you injure or kill another person.
Although global life insurance does not cover your car, it will typically cover any means of death. This is important coverage for adults and children.
Personal Accident Insurance to cover the people in the car in case of accident.
Car loan death insurance options typically include credit life insurance, credit disability insurance, and guaranteed asset protection (GAP) insurance. These policies can help cover the outstanding balance of a car loan in the event of the borrower's death or disability.
Personal Accident Insurance to cover the people in the car in case of accident.
Credit insurance on a car loan is a type of insurance that helps cover your car loan payments if you are unable to make them due to circumstances like job loss, disability, or death. It can provide financial protection and peace of mind in case you face difficulties in repaying your loan.
No, diamond car insurance don't cover the loss of jewerly. They cover different kind of insurance like car insurance, home insurance and travel insurance.
No, Flood insurance will not cover your Automobile. Your Comprehensive Auto Insurance will cover flood damage to your Car.
Car cover insurance provides financial protection in case of accidents, theft, or damage to your vehicle. It can help cover repair costs, medical expenses, and legal fees. In the event of an accident, having car cover insurance can save you from significant financial burden and ensure your vehicle is repaired or replaced without a major expense on your part.
I think your car insurance will cover that.
The term "death benefit" refers to a payment made as a result of a life insurance policy. In the case of car insurance, if there is a lawsuit for wrongful death, and a payment is ordered by the court, then the car insurance will pay. That is not exactly the same thing as a death benefit even though it is a payment made as a result of a death.
Does vehicle insurance cover suicides