The IT Law Wiki
Register
Advertisement

Definition[]

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.


This page uses Creative Commons Licensed content from Wikipedia (view authors). Smallwikipedialogo.png
Advertisement