Third party refers to a person, organization, or entity that is not covered by insurance but may be affected by the actions or events included in the policy. In such a context, the two primary parties are often referred to as the first party and the second party. For example, in auto insurance, a third party can be a person involved in an accident with the policyholder, who is the first party.
Additionally, it refers to a type of coverage that provides protection against claims made by external parties. It typically covers third-party liability, which is the legal responsibility of the insured party for any harm, damage, or injury. It specifically refers to the legal responsibility of the insured party for any harm, damage, or injury caused to a third party.
At PSIC, we are dedicated to providing comprehensive support and guidance during the claims process. Our team is committed to advocating on your behalf and ensuring that you receive a fair resolution when dealing with third parties.
Just a reminder that you can enhance your initial policy to increase your coverage against different types of damages that you (or your loved ones) may unintentionally cause to third parties, such as personal injury and animal liability.
We understand the complexities that can arise and we strive to protect your interests and uphold the terms and conditions of your policy. You can rely on us to provide you with the expertise and assistance you need to navigate through the demands process smoothly.
These terms might be similar or associated with the term you have read before.
At PSIC, we consider that they can be helpful for you.
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Privacy Notice at Collection for CA employees
Last updated: June 27, 2023
We take the privacy of our employees and applicants very seriously. Please read this notice carefully as it contains important information on the personal information that we collect, why we collect it, how long we keep it, and that it is not sold to third parties.
Other terms used but not defined will have the meaning set forth in the CCPA, as amended by the CPRA, Cal. Civ. Code §§ 1798.100—1798.199.100, and accompanying regulations set forth under Cal. Code Regs. tit. 11, § 7000 et seq.
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We will not retain your personal information for longer than necessary for the purposes set out in this notice. Different retention periods apply for different types of personal information.
When it is no longer necessary to retain your personal information, we will delete or anonymize it.