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Apart from their fundamental purpose of providing financial assistance, these two types of insurance policies feature significant differences in costs, coverage, etc.
In another incident, a biker met with a tragic end after he lost control of his two-wheeler and rammed a tree on a divider near Infosys in Kazhakoottam.
The incident happened on May 12.
The 12.76 km Aroor - Thuravoor stretch of National Highway 66, where construction of India's longest elevated highway is currently underway, is considered a deathtrap for motorists and pedestrians alike.
His friend sustained grievous injuries in the accident and has been admitted to Kozhikode Medical College Hospital.
In the CCTV visuals, Sahad was seen walking away from the accident spot.
The bike/car rental kiosk is close to the first entrance gate of the Kottayam railway station.
The duo crashed into a divider while attempting to avoid a pothole.
The boy, a class XI student, was driving a Yamaha R15M 155cc motorcycle.
The deceased were Amanuddin (28), a resident of Njarakkal in Edavanakkad, and Mohammad Sajid (23), who hailed from Kuzhippally.