English version

liability insurance

From Longman Business Dictionary
Related topics: Trade, Insurance
liability insuranceliaˈbility inˌsurance [uncountable]INSURANCECOMMERCE insurance against damage or injury caused by NEGLIGENCE. Professional people take out liability insurance to cover claims made against them by clients, and companies take it out to cover injury caused by their products, or negligence by people who work for themLiability insurance can be hard to obtain for small companies. insurance
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