Liability is a form of insurance designed to indemnify an Assured against payouts made to 3rd parties by way of compensation in respect of damages and/or losses arising from death, bodily injury & property damage.
Liability Insurance is centric to liability assumed by a person or an entity in the course of its dealings arising out of lack of skill, care & judgment commonly known as ‘breach of duty of care’. Any financial losses arising from breach of duty of care and having to be paid persons affected is indemnifiable under Liability Insurance policy. This includes the award of compensation, defense & claimant’s costs.
Types of Liability Insurance
For more details on Public Liability Insurance, please e-mail : email@example.com
For more details on Products Liability Insurance, please e-mail : firstname.lastname@example.org