Difference between revisions of "ICBC and Optional Insurance (12:IV)"
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The following are ''some'' of the common types of coverage and what they provide for, over and above the Basic Compulsory Coverage, that are commonly available for discretionary purchase. The below is merely meant to be an outline of common OIC types, and so it is critical to refer to your policy to understand the specifics of what is covered in your OIC. | The following are ''some'' of the common types of coverage and what they provide for, over and above the Basic Compulsory Coverage, that are commonly available for discretionary purchase. The below is merely meant to be an outline of common OIC types, and so it is critical to refer to your policy to understand the specifics of what is covered in your OIC. | ||
==A. Extended Third Party Liability == | ==A. Extended Third-Party Liability == | ||
Allows for an extension of third party liability coverage, on the same terms and conditions as the basic third party liability coverage. | Allows for an extension of third party liability coverage, on the same terms and conditions as the basic third party liability coverage. | ||