What does Medical Payments Insurance mean? Read on to discover the definition & meaning of the term Medical Payments Insurance - to help you better understand the language used in insurance policies.
Medical Payments Insurance
Medical payments insurance is part of car insurance. If the insured person gets into a car accident and gets injured, the medical payments insurance will help pay for the medical bills. For example, if someone has $1,000 of coverage and has $1,500 of medical bills after a car accident, their medical payments insurance will pay for $1,000 of the bills.
We hope the you have a better understanding of the meaning of Medical Payments Insurance.