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liability insurance
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liability insurance


When he hired his first employee, he realized he needed to purchase liability insurance.
  insurance that pays legal claims arising from injuries or damage to other people or property
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Samples:
  • When he hired his first employee, he realized he needed to purchase liability insurance.
  • You’ve got to pay your restaurant taxes, your liquor-license taxes, liability insurance — it’s a huge cash outlay to get a place like this up and running."
    Donna Tartt  --  The Goldfinch
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Associated words [difficulty]:   liability insurance [9] , mortality [2] , death benefit [7] , term life insurance [8] , claims adjuster [9] , reinsurance [9] , whole life insurance [9] , reinsurance [9]
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Most commonly used in these subjects:   Business, Personal Finance, Law
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