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English definition of “third party, fire and theft”

third party, fire and theft

noun [U]     UK
INSURANCE car insurance that will pay money to a person who suffers loss or damage caused by the insured person in an accident , and that also pays money if the insured person's car is stolen or damaged in a fire : third party , fire and theft cover / insurance If you are only covered for third party , fire and theft , you cannot claim for storm damage to your car . → Compare comprehensive insurance
(Definition of third party, fire and theft noun from the Cambridge Business English Dictionary © Cambridge University Press)
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