How many classes of cover are there? Name them
The number of classes of cover varies depending on the specific context, such as insurance, bookbinding, or furniture. However, in the context of insurance, there are typically four main classes of cover:
1. Third Party Only Cover: This is the most basic and minimum legal requirement for car insurance. It covers the liability towards third-party individuals or property damage caused by the insured vehicle. It does not cover damages to the insured vehicle itself.
2. Third Party, Fire, and Theft Cover: This type of cover includes the protection offered by third party only cover and also provides coverage for fire damage to the insured vehicle or theft of the vehicle.
3. Comprehensive Cover: This is the highest level of cover for cars. It includes all the protection provided under third party, fire, and theft cover and additionally covers accidental damage to the insured vehicle.
4. Specialized Covers: In certain situations, specialized insurance covers might be available, such as breakdown cover, windshield cover, or legal expenses cover. These covers are optional and can be added to the main classes of cover mentioned above.
It's important to note that this classification may vary by region or insurance provider, so it's always advisable to check with specific insurance policies for exact details.