Personal auto policy (PAP)
Term · Insurance and risk management · MLC-T-INS-002556
A standard insurance contract designed to cover individuals and families for risks associated with owning, operating, or maintaining a private passenger automobile. It provides coverage for liability, medical payments, uninsured motorists, and damage to the insured's vehicle. The policy is divided into several parts, each addressing a different type of coverage.
| Identifier | MLC-T-INS-002556 |
|---|---|
| Field | Insurance and risk management |
| Subject | Personal Lines |
| Abbreviation | PAP |
Record as JSON
{
"id": "MLC-T-INS-002556",
"term": "Personal auto policy (PAP)",
"field": "Insurance and risk management",
"definition": "A standard insurance contract designed to cover individuals and families for risks associated with owning, operating, or maintaining a private passenger automobile. It provides coverage for liability, medical payments, uninsured motorists, and damage to the insured's vehicle. The policy is divided into several parts, each addressing a different type of coverage.",
"abbreviation": "PAP",
"subject": "Personal Lines",
"url": "https://mlchart.com/terminology/insurance/personal-auto-policy-pap/"
}
Record 2,543 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.