Product liability insurance protects your business from legal claims of bodily injury or property damage caused by products you make, distribute, or repair. It safeguards you from costly lawsuits if your product unintentionally harms someone. While some cases of injury or damage are covered under gen...
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:liability that is imposed for another's acts because of imputed or constructive fault (as negligence)see alsorespondeat superior 3 :liability insurance More from Merriam-Webster onliability Nglish:Translation ofliabilityfor Spanish Speakers Britannica English:Translation ofliabilityfor Arabic Speakers ...
Middle East: Laws needed to boost liability insurance growth.EBSCO_bspMiddleeast Insurance Review
Workers (Laws, regulations and rules)Author: Dunn, Damon E.Pub Date: 10/01/2010 Publication: Name: Risk Management Publisher: Risk Management Society Publishing, Inc. Audience: Trade Format: Magazine/Journal Subject: Business; Human resources and labor relations; Insurance Copyright: COPYRIGHT 2010...
Liability insurance is a type of coverage that protects the insured against lawsuits and legal claims of bodily injury or property damage caused by the business or other entity. The right liability insurance reimburses the policyholder for legal costs, including attorney, court, and settlement fees,...
s vehicle.New York car insurance lawsrecently required all insurers to include SSL coverage on all private passenger auto policies. SSL can pay formedical paymentsto the spouse if they are injured in a car accident where their partner was the at-fault driver. For example, this coverage could ...
Ultimately, while state laws dictate minimum requirements, your personal needs and circumstances can help you decide the level of coverage you need. An insurance professional can also assist in tailoring a policy that aligns with your situation. ...
Insurance liability waivers: Insurance waivers protect insurance companies from lawsuits after settling a claim. By signing this waiver, customers agree to release the insurance company from all liability and to accept settlements as full and final payment. ...
4. A master is liable for the acts of his servant while in his employ, performed in the usual course of his business, upon the presumption that they have been authorized by him; but he is responsible only in a civil point of view and not criminally, unless the acts have been actually...