Owners, landlords, and tenants (OL&T) liability policy

{
  "id": "MLC-T-INS-002470",
  "term": "Owners, landlords, and tenants (OL&T) liability policy",
  "field": "Insurance and risk management",
  "definition": "A type of commercial general liability insurance that provides coverage for property owners, landlords, and tenants against claims of bodily injury or property damage occurring on their premises. This policy protects against risks such as slips and falls, or injuries caused by defective conditions on the property. It covers legal defense costs and damages awarded up to the policy limits.",
  "url": "https://mlchart.com/terminology/insurance/owners-landlords-and-tenants-ol-and-t-liability-policy/"
}