Liability insurance is a part of the general insurance system of risk financing to protect the purchaser (the `insured`) from the risks of liabilities imposed by lawsuits and similar claims. It protects the insured in the event he or she is sued for claims that come within the coverage of the insurance policy. Originally, individuals or companie.....
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http://en.wikipedia.org/wiki/Liability_insurance
Insurance designed to protect the policyholder in the event of a claim by a third party alleging that negligence or inappropriate action has resulted in bodily injury or damage to property. Can cover a range of personal, professional and commercial risks
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http://www.aviva.com/glossary/
insurance against claims of loss or damage for which a policyholder might have to compensate another party. The policy covers losses resulting from ... [3 related articles]
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http://www.britannica.com/eb/a-z/l/44
Insurance guarding against damage or loss that the policyholder, may cause another person in the form of bodily injury or property damage.
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http://www.duke.edu/~charvey/Classes/wpg/bfglosl.htm
Insurance that compensates those who experience damages or injuries caused by the policy-owner. All fifty states require automobile drivers to have liability insurance.
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http://www.encyclo.co.uk/local/21213
Insurance guarding against damage or loss that the policyholder, may cause another person in the for
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http://www.encyclo.co.uk/local/22402
Insurance that pays if you are sued or legally responsible for a loss. Liability coverage, which also covers legal-defense costs, is typically included in auto and home-insurance policies.
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http://www.encyclo.co.uk/visitor-contributions.php
Insurance against legal liability to pay compensation and court costs where the insured has been... <a target=_blank href='http://www.finance-glossary.com/terms/liability-insurance.htm?id=850&ginPtrCode=00000&PopupMode=false' title='Read full definition of liability insurance'>more</a>
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http://www.finance-glossary.com/pages/home.htm
noun insurance that provides protection from claims arising from injuries or damage to other people or property
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https://www.encyclo.co.uk/local/20974
An insurance pollicy that protects the lessor and lessee in the event of an accident. First Party - Insured, Second Party - Insurance Company, Third Party - Person Suffering Liability Loss.
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https://www.encyclo.co.uk/local/21672
insurance coverage that protects against claims alleging a property owner's negligence or action resulted in bodily injury or damage to another person. It is normally included in homeowner's insurance policies.
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https://www.encyclo.co.uk/local/21674
An insurance pollicy that protects the lessor and lessee in the event of an accident. First Party
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https://www.encyclo.co.uk/local/23103
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