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  2. Liability insurance - Wikipedia

    en.wikipedia.org/wiki/Liability_insurance

    Liability insurance (also called third-party 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 and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.

  3. The pros and cons of cities, counties insuring themselves for ...

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  4. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation . [ 1 ]

  5. Commercial general liability insurance - Wikipedia

    en.wikipedia.org/wiki/Commercial_general...

    Whether or not general liability insurance covers construction defects or "faulty workmanship" is a matter of some debate, as some insurers have viewed poor workmanship as a risk that is covered by a surety bond rather than an insurance policy given that a construction professional may have some influence (through attention to detail, skill, and effort) over whether such a defect occurs.

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  7. Professional liability insurance - Wikipedia

    en.wikipedia.org/wiki/Professional_liability...

    Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O) in the US, is a form of liability insurance which helps protect professional advising, consulting, and service-providing individuals and companies from bearing the full cost of defending against a ...

  8. Retirement annuities: Pros and cons of annuity investing - AOL

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    Like any source of retirement income, annuities have their pros and cons. Understanding these can help you make an informed decision about whether an annuity is right for you. Advantages of ...

  9. Pros and Cons of Requiring Renters Insurance as a Landlord - AOL

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    Before deciding whether to make renters insurance mandatory for your tenants, it can help to weigh the pros and cons. A financial advisor can help you create an investment plan for your rental ...

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