What is supplementary auto liability insurance for rental cars abroad in SAP FS-PM - Policy Management?

SAP Term: supplementary auto liability insurance for rental cars abroad

• Component: FS-PM

• Component Name: Policy Management

• Description: Supplementary liabilty insurance free of charge for rental vehicles abroad, as long as coverage does not exist with liability insurance that has been concluded for the vehicle. The total coverage in force for the company is valid for this.

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• Key Concepts: 
  Supplementary auto liability insurance for rental cars abroad is a type of insurance offered by SAP FS-PM Policy Management. This type of insurance provides additional coverage for rental cars abroad, such as liability coverage for damage to third parties and their property. It also covers medical expenses and legal costs in the event of an accident. 
  
  How to use it: 
  In order to use this type of insurance, customers must first purchase a policy from SAP FS-PM Policy Management. Once the policy is purchased, customers can then select the type of coverage they need for their rental car abroad. Customers can also customize their coverage by selecting additional options such as personal accident insurance and roadside assistance. 
  
  Tips & Tricks: 
  When purchasing a policy from SAP FS-PM Policy Management, customers should make sure to read the terms and conditions carefully in order to understand what is covered and what is not covered. Additionally, customers should make sure to check the local laws and regulations in the country they are renting a car in, as some countries may have different requirements for auto liability insurance. 
  
  Related Information: 
  For more information about SAP FS-PM Policy Management and supplementary auto liability insurance for rental cars abroad, customers can visit the SAP website or contact their local SAP representative. Additionally, customers can find more information about auto liability insurance on the websites of various insurance providers.