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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.
From general liability insurance to workers' compensation insurance, there are many types of small business insurance available to help you protect your business. — Getty Images/gorodenkoff.
Chartered Property Casualty Underwriter (CPCU) is a professional designation in property-casualty insurance and risk management, [1] administered by The Institutes (AKA American Institute for Chartered Property Casualty Underwriters). Achieving the designation requires completion of eight courses covering topics such as risk management ...
Public liability insurance or general liability insurance covers a business or organization against claims should its operations injure a member of the public or damage their property in some way. Directors and officers liability insurance (D&O) protects an organization (usually a corporation) from costs associated with litigation resulting ...
General liability. General liability insurance protects you against financial losses that may result from bodily injuries or property damage that occur due to your business. For example, if a ...
Coverage type. What it covers. Liability. This coverage steps in if you or a listed driver on your policy causes property damage and/or injuries to another person caused by an accident in which ...
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