From Longman Business Dictionarythird party, fire and theft insurancethird ˌparty, ˌfire and ˈtheft inˌsurance British English [uncountable]INSURANCE a type of car insurance that only covers injury to other people and damage to other cars in an accident, damage to your own car by fire, and theft of your own carIf you only have third party, fire and theft insurance, taking out additional cover is recommended if you travel abroad. → insurance