What is compulsory insurance and what is compulsory insurance

Updated on society 2024-04-05
16 answers
  1. Anonymous users2024-02-07

    Compulsory insurance refers to the compulsory insurance of the first department, this insurance protects the third party, that is, the third party is affected by the occurrence of two insured objects, and the third party shall claim for losses by the insurance company, and this insurance will compensate the third party for the third party if the insured object may not have the conditions to pay.

    Compulsory automobile insurance is compulsory traffic insurance, and the personal and property losses of a third party caused by a road traffic accident of a motor vehicle shall be compensated by the insurance company within the scope of liability. Death and disability (110,000 yuan for liability, 10,000 yuan for none) Medical expenses (10,000 for liability, 1,000 for none) Property damage (2,000 for liability, 100 yuan for none).

  2. Anonymous users2024-02-06

    Compulsory insurance is a car insurance, what is the specific aspect, if it is a car, it should be third-party insurance, that is, others pay you, you pay others.

  3. Anonymous users2024-02-05

    Compulsory insurance is compulsory insurance.

    It is a road traffic accident caused by an insurance company to a motor vehicle that is damaged by Baosen.

    Compulsory liability insurance that causes personal and property losses to the victim and is compensated within the liability limit. Mandatory. Compulsory insurance for traffic accident liability of motor vehicles.

    It refers to the compulsory liability insurance that the insurance company compensates within the liability limit for the personal and property losses of the victims other than the vehicle personnel and the insured caused by a road traffic accident of the insured motor vehicle.

    Medical Expense Compensation Limit: It refers to the maximum amount of compensation borne by the insurer for the medical expenses of all victims of each insured accident in the event of a traffic accident involving the insured motor vehicle. Medical expenses include medical expenses, diagnosis and treatment fees, hospitalization expenses, hospital meal subsidies, necessary and reasonable follow-up expenses, cosmetic surgery expenses, and nutrition expenses.

    Property Damage Compensation Limit: refers to the maximum amount of compensation that the insurer bears for the property damage of all victims of each insured accident in the event of a traffic accident of the insured motor vehicle.

  4. Anonymous users2024-02-04

    Compulsory insurance, also known as statutory insurance, is an insurance that must be participated in by law, and compulsory traffic insurance (compulsory insurance for motor vehicle traffic accident liability) is the first compulsory insurance system implemented by national laws and regulations in China.

    Article 3 of the Regulations on Compulsory Insurance of Motor Vehicle Traffic Accident Liability stipulates that compulsory traffic insurance is a compulsory liability insurance for the personal and property losses of the victim (excluding the vehicle personnel and the insured) caused by a road traffic accident caused by the insured motor vehicle within the liability limit.

  5. Anonymous users2024-02-03

    The full name of compulsory traffic insurance is compulsory liability insurance for motor vehicle traffic accidents. It is the state that compels car owners to buy insurance for their cars, and they can't go on the road without buying a car. was found by the traffic police and needs to bear criminal responsibility.

    Compulsory traffic insurance covers people or property outside the vehicle. In the vernacular, compulsory traffic insurance is paid to others, not to oneself. In layman's terms, it means that if you buy compulsory traffic insurance, the insurance company will help you compensate in accordance with the terms and conditions.

    Keep in mind that the object of the compulsory traffic insurance claim is a third party other than the car. For example, Lao Wang next door drove into a pedestrian, and the pedestrian was injured, and Mrs. Wang, who was sitting in the passenger seat. was also injured, but Hengbi compulsory traffic insurance only paid pedestrians outside the car, and Mrs. Wang in the car could not be compensated.

    There are three major characteristics of compulsory traffic insurance, please keep in mind:

    1. The object of protection is the person or property outside the car.

    Second, the compensation only asks whether there is responsibility, not the size of the responsibility.

    3. Implement a continuous responsibility system, and the compensation limit will not be reduced after the compensation is paid within the insurance period.

  6. Anonymous users2024-02-02

    Compulsory insurance, also known as compulsory insurance, the full name is"Compulsory insurance for motor vehicle traffic accident liability is the insurance company's responsibility for road traffic accidents caused by the insured motor vehicle.

    Compulsory liability insurance that causes personal and property losses to the victim (excluding the vehicle personnel and the insured) and compensates within the liability limit.

    Compulsory traffic insurance is the first compulsory insurance system implemented by national laws and regulations in China. The premium is a unified national standard stipulated by the state.

  7. Anonymous users2024-02-01

    The so-called compulsory insurance refers to the insurance that all units or individuals within the prescribed scope must participate in according to the relevant laws and regulations promulgated by the state, regardless of whether they want to or not. For example, countries around the world generally stipulate compulsory third-party liability insurance for motor vehicles as a type of compulsory insurance. Since compulsory insurance is, in a sense, the intervention of the state in the will of the individual, so the scope of compulsory insurance is strictly limited.

    China's "Insurance Law" stipulates that insurance companies and any other units shall not compel others to conclude insurance contracts except where insurance is required by laws and administrative regulations.

  8. Anonymous users2024-01-31

    Compulsory insurance is a kind of compulsory insurance for the vehicle, if the vehicle is not compulsory insurance, you are not allowed to go on the road, the traffic police will fine you for this car, some individual cars, in order to save money, auspicious insurance is not on, right, now the traffic has a great accident rate, so compulsory insurance is a mandatory measure for the vehicle by the insurance company.

  9. Anonymous users2024-01-30

    Compulsory insurance is the insurance you must buy on the road, at present, only compulsory traffic insurance is compulsory insurance, this must be bought, commercial insurance can be chosen independently, but it is best to buy insurance, good for yourself, and responsible for others.

  10. Anonymous users2024-01-29

    Compulsory insurance is the compulsory traffic insurance of traffic vehicles. Each car must pay insurance, commercial insurance can be chosen.

  11. Anonymous users2024-01-28

    Compulsory insurance is compulsory insurance, that is to say, the insurance that must be taken is uniformly stipulated by the professional department, which is somewhat different from commercial insurance.

  12. Anonymous users2024-01-27

    What is compulsory insurance, I will answer, the car must have insurance, not compulsory insurance.

  13. Anonymous users2024-01-26

    Do you know what compulsory insurance is, what are the specific characteristics, follow me to learn about it!

  14. Anonymous users2024-01-25

    Summary. Compulsory insurance, also known as statutory insurance, traffic compulsory insurance is the first compulsory insurance system implemented by national law in China, and the premium is subject to a unified national billing standard, and the insurance premium is uniformly stipulated by the state, and the national unified fee standard is regulated. Driving a vehicle on the road without compulsory traffic insurance is subject to a fine of twice the premium of compulsory traffic insurance and the vehicle is impounded.

    In the event of a traffic accident, all compensation will be borne by the owner himself, and the annual inspection of the vehicle will not be possible.

    Hello, compulsory insurance refers to the implementation of laws and regulations based on the needs of national social policies or economic policies, and all enterprises or individuals who meet the requirements must be insured insurance, which is the compulsory insurance of motor vehicle traffic accident liability, which can also be referred to as compulsory traffic insurance. In layman's terms, if you don't hand it in, you can't get on the road, and if you are caught on the road, you will face a double fine.

    Compulsory insurance, also known as Zheng Hengsen statutory insurance, traffic compulsory insurance is the first compulsory insurance system implemented by national law in China, and the premium is subject to a unified national billing standard. Driving a vehicle on the road without compulsory traffic insurance is subject to a fine of twice the premium of compulsory traffic insurance and the vehicle is impounded. In the event of a traffic accident, all the compensation must be borne by the owner himself, and the annual inspection of the vehicle will not be possible.

  15. Anonymous users2024-01-24

    Compulsory insurance for motor vehicle traffic accident liability (hereinafter referred to as "compulsory traffic insurance") is the first compulsory insurance system implemented by national laws and regulations in China

    1. Compulsory traffic insurance is a compulsory liability insurance for the victim's personal and property losses caused by road traffic accidents caused by the insured motor vehicle within the liability limit; Paibi.

    2. The compensation amount of compulsory traffic insurance: the compensation limit for death and disability is 110,000 yuan, the compensation limit for medical expenses is 1,000 yuan, and the compensation limit for property damage is 2,000 yuan, with a total compensation of 12,200 yuan;

    3. Compulsory insurance, also known as statutory insurance, is an insurance that must be participated in by law. Commercial insurance generally implements the principle of voluntary, but compulsory insurance should be implemented for a small number of insurance subjects with a wide range of risks and a greater impact on the interests of the people.

  16. Anonymous users2024-01-23

    Compulsory insurance, also known as statutory insurance, is an insurance that must be participated in by the law, and compulsory traffic insurance (compulsory insurance for motor vehicle traffic accident liability) is the first compulsory insurance system implemented by national laws and regulations in China.

    Article 3 of the Regulations on Compulsory Insurance of Motor Vehicle Traffic Accident Liability stipulates that compulsory traffic insurance is a compulsory liability insurance for the personal and property losses of the victim (excluding the vehicle personnel and the insured) caused by a road traffic accident caused by the insured motor vehicle within the liability limit.

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