public liability insurance что это

liability insurance

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Смотреть что такое «liability insurance» в других словарях:

liability insurance — insurance covering the insured against losses arising from injury or damage to another person or property. * * * Insurance against claims of loss or damage for which a policyholder might have to compensate another party. The policy covers losses… … Universalium

liability insurance — Insurance that protects a party from various types of claims. Typically liability insurance protects the insured from losses resulting from property damage claims or from bodily injury claims. Construction lenders usually require contractors to… … Financial and business terms

liability insurance — n: insurance against loss resulting from civil liability for injury or damage to the persons or property of others see also comprehensive general liability insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary

Liability Insurance — Any type of insurance policy that protects an individual or business from the risk that they may be sued and held legally liable for something such as malpractice, injury or negligence. Liability insurance policies cover both legal costs and any… … Investment dictionary

liability insurance — noun insurance that provides protection from claims arising from injuries or damage to other people or property • Hypernyms: ↑insurance * * * noun : insurance against loss resulting from liability for injury or damage to the persons or property… … Useful english dictionary

liability insurance — A form of insurance policy that promises to pay any compensation and court costs the policyholder becomes legally liable to pay because of claims for injury to other people or damage to their property as a result of the policyholder s negligence … Big dictionary of business and management

liability insurance — insurance against damage which the insured person causes to others, compensation for injury caused to pedestrians or passengers during an auto accident … English contemporary dictionary

liability insurance — A policy or contract of insurance whereby the insurer agrees to protect the insured against liability arising from an act or omission of the insured which causes injury to the person or the property of a third person, the liability of the insurer … Ballentine’s law dictionary

liability insurance — noun Any insurance against a potential loss due to the insureds liability for injury or damage to others … Wiktionary

liability insurance — страховка на случай несения ответственности insurance event страховой случай cost insurance freight price цена СИФ medical expense insurance медицинская страховка sickness insurance страхование на случай болезни travel delay insurance страховка… … English-Russian travelling dictionary

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public liability insurance

Смотреть что такое «public liability insurance» в других словарях:

public liability insurance — UK US noun [U] INSURANCE ► insurance that a business must have so that if it is responsible for hurting someone or causing damage to their property, it can pay them compensation : »The subcontractor must produce evidence that he possesses both… … Financial and business terms

public liability insurance — Insurance that gives protection against legal liability for injury to third parties or damage to their property, arising out of and in the course of the business excluding injury or damage resulting from products supplied. Practical Law… … Law dictionary

public liability insurance — Insurance protecting the insured against liability to a member or members of the public. See automobile liability insurance; liability insurance; premises liability insurance … Ballentine’s law dictionary

public-liability insurance — An insurance policy that pays compensation to a member of the public and court costs in the event of the policyholder being successfully sued for causing death, injury, or damage to property by failing to take reasonable care in his or her… … Big dictionary of business and management

public-liability insurance — /pub lik luy euh bil i tee/ insurance covering the insured against risks involving liability to the public for damages arising from negligence. * * * … Universalium

public liability insurance — noun insurance which protects the policyholder against risks involving liability to the public for legal damages occasioned by negligence … Australian-English dictionary

public liability insurance — noun : insurance to protect businessmen (as owners or landlords) against loss due to legal liability for injury or damage to the persons or property of the public … Useful english dictionary

public-liability insurance — /pub lik luy euh bil i tee/ insurance covering the insured against risks involving liability to the public for damages arising from negligence … Useful english dictionary

liability insurance — insurance covering the insured against losses arising from injury or damage to another person or property. * * * Insurance against claims of loss or damage for which a policyholder might have to compensate another party. The policy covers losses… … Universalium

Public liability — is part of the law of tort which focuses on civil wrongs. An applicant (the injured party) usually sues the respondent (the owner or occupier) under common law based on negligence and/or damages. Claims are usually successful when it can be shown … Wikipedia

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PUBLIC LIABILITY INSURANCE

Смотреть что такое «PUBLIC LIABILITY INSURANCE» в других словарях:

public liability insurance — UK US noun [U] INSURANCE ► insurance that a business must have so that if it is responsible for hurting someone or causing damage to their property, it can pay them compensation : »The subcontractor must produce evidence that he possesses both… … Financial and business terms

public liability insurance — Insurance that gives protection against legal liability for injury to third parties or damage to their property, arising out of and in the course of the business excluding injury or damage resulting from products supplied. Practical Law… … Law dictionary

public liability insurance — Insurance protecting the insured against liability to a member or members of the public. See automobile liability insurance; liability insurance; premises liability insurance … Ballentine’s law dictionary

public-liability insurance — An insurance policy that pays compensation to a member of the public and court costs in the event of the policyholder being successfully sued for causing death, injury, or damage to property by failing to take reasonable care in his or her… … Big dictionary of business and management

public-liability insurance — /pub lik luy euh bil i tee/ insurance covering the insured against risks involving liability to the public for damages arising from negligence. * * * … Universalium

public liability insurance — noun insurance which protects the policyholder against risks involving liability to the public for legal damages occasioned by negligence … Australian-English dictionary

public liability insurance — noun : insurance to protect businessmen (as owners or landlords) against loss due to legal liability for injury or damage to the persons or property of the public … Useful english dictionary

public-liability insurance — /pub lik luy euh bil i tee/ insurance covering the insured against risks involving liability to the public for damages arising from negligence … Useful english dictionary

liability insurance — insurance covering the insured against losses arising from injury or damage to another person or property. * * * Insurance against claims of loss or damage for which a policyholder might have to compensate another party. The policy covers losses… … Universalium

Public liability — is part of the law of tort which focuses on civil wrongs. An applicant (the injured party) usually sues the respondent (the owner or occupier) under common law based on negligence and/or damages. Claims are usually successful when it can be shown … Wikipedia

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public liability insurance

Смотреть что такое «public liability insurance» в других словарях:

public liability insurance — UK US noun [U] INSURANCE ► insurance that a business must have so that if it is responsible for hurting someone or causing damage to their property, it can pay them compensation : »The subcontractor must produce evidence that he possesses both… … Financial and business terms

public liability insurance — Insurance that gives protection against legal liability for injury to third parties or damage to their property, arising out of and in the course of the business excluding injury or damage resulting from products supplied. Practical Law… … Law dictionary

public liability insurance — Insurance protecting the insured against liability to a member or members of the public. See automobile liability insurance; liability insurance; premises liability insurance … Ballentine’s law dictionary

public-liability insurance — An insurance policy that pays compensation to a member of the public and court costs in the event of the policyholder being successfully sued for causing death, injury, or damage to property by failing to take reasonable care in his or her… … Big dictionary of business and management

public-liability insurance — /pub lik luy euh bil i tee/ insurance covering the insured against risks involving liability to the public for damages arising from negligence. * * * … Universalium

public liability insurance — noun insurance which protects the policyholder against risks involving liability to the public for legal damages occasioned by negligence … Australian-English dictionary

public liability insurance — noun : insurance to protect businessmen (as owners or landlords) against loss due to legal liability for injury or damage to the persons or property of the public … Useful english dictionary

public-liability insurance — /pub lik luy euh bil i tee/ insurance covering the insured against risks involving liability to the public for damages arising from negligence … Useful english dictionary

liability insurance — insurance covering the insured against losses arising from injury or damage to another person or property. * * * Insurance against claims of loss or damage for which a policyholder might have to compensate another party. The policy covers losses… … Universalium

Public liability — is part of the law of tort which focuses on civil wrongs. An applicant (the injured party) usually sues the respondent (the owner or occupier) under common law based on negligence and/or damages. Claims are usually successful when it can be shown … Wikipedia

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What Is Public Liability Insurance?

Definition & Examples of Public Liability Insurance

Public liability insurance is a type of business insurance that covers the cost of claims made by the public that happen in connection with your business activities.

Learn more about what public liability insurance covers, whether you need it, and alternatives.

What Is Public Liability Insurance?

Public liability helps cover the costs for personal injuries, loss or damage to property, and death. Public liability only covers incidents on your business property, so if there’s an incident anywhere else, you won’t be covered.   

How Does Public Liability Insurance Work?

Many businesses come in contact with the general public and interacting with them comes with risks. A customer could slip and fall on a wet floor, even if you put up warning signs, and you could wind up with a lawsuit on your hands.

If someone files a lawsuit against your business for a reason covered by your policy, you file a claim with your insurance company. Your insurance company helps cover your legal costs and pay damages up to the limits of your policy.

What Does Public Liability Insurance Cover?

Public liability insurance coverage includes the following:

Keep in mind that this coverage only applies to your business property. If you or your employees interact with clients elsewhere, like in their homes, public liability coverage may not provide enough coverage.

Work-related injuries to your employees are not covered by liability insurance. Those fall under workers’ compensation insurance.

Do I Need Public Liability Insurance?

Whether you need public liability insurance depends on where your business is located and its specific needs. It’s a more limited policy than other types of business insurance, which means it’s more affordable, but it doesn’t provide as much coverage.

Federal law requires all businesses with employees to have workers’ compensation, disability, and unemployment insurance.   Liability insurance isn’t required, but most businesses should have some type of liability insurance. Given the limitations of public liability insurance, business owners may want to purchase an alternative.

Alternatives to Public Liability Insurance

General liability insurance covers everything public liability insurance does. It also covers personal and advertising injury. Advertising injury occurs when a business is sued for false or misleading advertising.   Since general liability insurance is more comprehensive and more readily available, it’s a better insurance choice for most businesses. This coverage is relatively rare in the US, and it’s the equivalent of general liability in the UK.

Businesses may also want to consider product liability insurance and professional liability insurance. Product liability coverage protects your business if there’s a claim due to a defective product, while professional liability insurance protects you if there’s a claim of financial loss due to professional errors or negligence. Malpractice insurance is a form of professional liability insurance. 

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