Do I still have to pay for private individuals after the insurance is paid?
With the increase in people's awareness of insurance, more and more people choose to buy insurance to protect themselves and their families, or to buy insurance for possible accidents. However, when faced with insurance claims, many people will encounter a question: if the insurance has been paid, do private individuals still need to be compensated?
First, we need to understand the difference between insurance and private compensation. Insurance is a protection mechanism provided by an insurance company that provides risk protection to the insured by collecting a premium. In the event of a risk accident agreed in the insurance contract, the insurance company will compensate according to the contract. Private compensation, on the other hand, refers to the compensation relationship between individuals, such as compensation from the party responsible for the accident to the injured party in a traffic accident.
So, when the insurance has been paid, do private individuals still need to compensate? This needs to be analyzed on a case-by-case basis.
First of all, if the insured amount is sufficient to cover the entire loss, then the private indemnity part does not exist. Because the insurance company's compensation has reached the amount of the insured's actual loss, the insured does not need to bear any liability for compensation.
Secondly, if the insured amount is not enough to cover the entire loss, then the insured may be partially liable. For example, in a traffic accident, the third-party liability insurance compensates 500,000 yuan, but the victim's loss reaches 70 plays, and the perpetrator also has to pay 200,000 yuan in private compensation.
To sum up, whether the private person still needs to be compensated after the insurance is covered depends on the specific situation. If the insured amount is sufficient to cover the entire loss, the private person does not need to pay any further compensation; If the insured amount is insufficient, the insured may be partially liable. Therefore, when purchasing and using insurance, the insured should be fully aware of the terms and conditions in the insurance contract so that he or she can properly protect his rights and interests when needed.