liability insurance

Definition of "liability insurance"
  1. A type of insurance coverage that protects against financial losses resulting from being held legally responsible for physical injury or damaged property of others
How to use "liability insurance" in a sentence
  1. People generally get liability insurance to safeguard their assets in case they are involved in any incident causing damage to someone's property.
  2. The contractor was required to have liability insurance before he could start working on the site to protect against any accidental damage.
  3. The restaurant owner took out a liability insurance policy to cover any incidents of food poisoning or injuries in the kitchen.

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