The A-Z Motor Insurance Guide.

When looking into buying motor insurance it can be a bit daunting when you come across all the terminology involved. So we have compiled a guide to insurance terminology.

Click on the relevant letter that the term or word begins with and find out what it means.

P

Policy

This is the official insurance document detailing the contract between the policyholder and the insurance company.

Policyholder/s

The person/s for which the specific insurance policy is issued for and hence the person to whom any benefits will be payable.

Premium

When taking out an insurance policy the policy holder will need to pay an amount of money to the insurance company in respect of their policy

Proposal Form

A form in which to apply for insurance cover.

Proposer

A company or individual who applies for insurance.