MLchartDataset catalogue

Liability insurance coverage

Term · Law · MLC-T-LAW-003020

Insurance that protects the policyholder against financial loss arising from legal responsibility for injuries or damages caused to another party. This coverage typically pays for legal defense costs and any judgments or settlements up to the policy limits. Common types include general liability, professional liability, and auto liability insurance.

Table 1. Record
IdentifierMLC-T-LAW-003020
FieldLaw
Record as JSON
{
  "id": "MLC-T-LAW-003020",
  "term": "Liability insurance coverage",
  "field": "Law",
  "definition": "Insurance that protects the policyholder against financial loss arising from legal responsibility for injuries or damages caused to another party. This coverage typically pays for legal defense costs and any judgments or settlements up to the policy limits. Common types include general liability, professional liability, and auto liability insurance.",
  "url": "https://mlchart.com/terminology/law/liability-insurance-coverage/"
}

Record 2,971 of 5,439 in Law terminology (MLC-0107). Request the full dataset.