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    3. premises medical payments insurance»

    Definition of premises medical payments insurance

    Dictionary of Insurance Terms: premises medical payments insurance
    premises medical payments insurance

    supplemental coverage written into or endorsed onto many business and personal liability policies. Covers medical costs and loss of income of persons injured on an insured's property, regardless of whether the insured was at fault in causing those injuries. This coverage enables the insured to volunteer to pay these medical costs and income losses when doing so serves the insured's business purposes or preserves personal relationships.

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