MANAGEMENT

Detailed explanation-1: -At its core, liability insurance provides protection against claims resulting from injuries and damage to people and/or property – financial injury or physical injury. Liability insurance covers legal costs and payouts for which the insured party would be found liable.

Detailed explanation-2: -Liability insurance provides protection against claims resulting from injuries and damage to people and/or property.

Detailed explanation-3: -Liability insurance is a policy that offers protection to businesses and individuals from risk that they may be held legally or sued for negligence, malpractice or injury. This insurance policy protects the insured from legal payouts and costs for which the policyholder is deemed to be responsible.

Detailed explanation-4: -Liability insurance policies cover the insured against any claims arising out of bodily injuries and damages to the property of any person. Besides covering the legal costs involved, liability insurance provides coverage for payouts that the insured is legally liable to pay.

Detailed explanation-5: -Personal liability insurance provides you with protection against claims resulting from injuries and damage to other people or property. Though typically part of a homeowners policy, personal liability insurance can also be purchased separately.