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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 ...
In some markets it can potentially reduce public liability insurance costs. It can also serve to reduce trade barriers between registered businesses. [20] There is growing interest in including certification to ISO 14001 in tenders for public-private partnerships for infrastructure renewal.
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.
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 ...
Self-insurance is an alternative to any type of insurance including home, auto and life, but the legal and financial ramifications of choosing to self insurance are very different depending on the ...
Self insurance (2 P) T. Travel insurance (1 C, 5 P) W. War risk insurance (12 P) Workers' compensation (30 P) ... Liability insurance; Life insurance; Longevity ...
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