Policies that refer to cover on a comprehensive or third party basis are most commonly examples of which class of insurance?

The statement refers to the classification of insurance policies based on the type of coverage they provide, particularly in the context of vehicle insurance. Motor insurance is commonly categorized into two primary types: comprehensive and third-party coverage.

Comprehensive coverage offers extensive protection, covering not only damage to the insured person's vehicle but also damage to other vehicles and property, as well as personal injuries. Third-party coverage, on the other hand, is the minimum legal requirement in many jurisdictions and protects the insured party in terms of liability for injuries or damages they may cause to others while using their vehicle, but does not cover damages to their own vehicle.

This distinction makes motor insurance the primary class where these terms are frequently employed and recognized. Other classes such as pecuniary, property, and travel insurance do not typically categorize their policies in this way, as they focus on different types of risks and protections. Therefore, the correct classification for policies described in the question aligns with motor insurance.