Overview

liability insurance


Show Summary Details

Quick Reference

A form of insurance policy that promises to pay any compensation and court costs the policyholder becomes legally liable to pay because of claims for injury to other people or damage to their property as a result of the policyholder's negligence. Policies often define the areas in which they will deal with liability, e.g. personal liability or employers' liability.

Subjects: Law — Financial Institutions and Services.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.