COMMERCIAL
General
Liability
- Liability:
Any legally enforceable obligation
- Liability
Insurance: Insurance covering the policyholder's legal liability
resulting from injuries to other persons or damage to their
property
- Liability
Insurance: Provides protection for the insured against loss
arising out of legal liability to third parties
- Liability
Limits: The stipulated sum or sums beyond which an insurance
company is not liable to protect the insured
- Liability
Without Fault: Principle on which workers compensation is
based, holding the employer absolutely liable for occupational
injuries or disease suffered by workers, regardless of who
is at fault
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