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Liability Insurance |
Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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Liability insurance Insurance guarding against damage or loss that the policyholder, may cause another person in the form of bodily injury or property damage. Liability Insurance An insurance policy that guards the policyholder from legal expenses resulting from a lawsuit. This includes both attorneys' fees and damages that the policyholder must pay. Liability insurance is common in professions in which lawsuits are common, such as the medical field. A physician may buy liability insurance to protect himself/herself from the possibility that a patient will sue her for malpractice, negligence, or for any other reason. Premiums on liability insurance are sometimes considered prohibitively expensive, depending on the profession. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Eventually, nursing home liability insurance became unavailable at any cost in Florida and Texas. It has come to APTA's attention that a group calling itself the American Physical Therapist Organization (APTO) is marketing a professional liability insurance plan to the physical therapy community. The New York State Builders Association Board is six to eight weeks away from writing their own liability insurance to fill the need for affordable coverage for contractors. |
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