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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. 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.

  4. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    Media liability insurance is designed to cover professionals that engage in film and television production and print, against risks such as defamation. Nuclear incident insurance covers damages resulting from an incident involving radioactive materials and is generally arranged at the national level.

  5. JEL classification code - Wikipedia

    en.wikipedia.org/wiki/JEL_classification_code

    JEL code (sub)categories, including periodic updates, are referenced at Journal of Economic Literature (JEL) Classification System. Links to definitions of (sub)categories are at JEL Classification Codes Guide with corresponding examples of article titles linked to publication information, such as abstracts.

  6. Chart of accounts - Wikipedia

    en.wikipedia.org/wiki/Chart_of_accounts

    Liability accounts are used to recognize liabilities. A liability is a present obligation of an entity to transfer an economic benefit (CF E37). Common examples of liability accounts include accounts payable, deferred revenue, bank loans, bonds payable and lease obligations. Equity accounts are used to recognize ownership equity. The terms ...

  7. Professional liability insurance - Wikipedia

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

    The primary reason for professional liability coverage is that a typical general liability insurance policy will respond only to a bodily injury, property damage, personal injury or advertising injury claim. Other forms of insurance cover employers, public and product liability. However, various professional services and products can give rise ...

  8. Umbrella insurance - Wikipedia

    en.wikipedia.org/wiki/Umbrella_insurance

    Excess insurance is similar to umbrella insurance in that it pays after an underlying primary policy is exhausted. The critical difference is that excess policies are normally "follow form" policies that conform exactly to the coverage of the underlying policy, except that they add on their own excess limit which is then stacked on top of the primary policy's limit.

  9. General insurance - Wikipedia

    en.wikipedia.org/wiki/General_insurance

    General insurance or non-life insurance policy, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance .