Dictionary Search: "liability insurance"

D & O liability insurance

See directors' and officers' liability insurance under INSURANCE.

directors' and officers' liability insurance

Also termed D & O insurance. See INSURANCE.

directors' and officers' liability insurance.

An agreement to indemnify corporate directors and officers against judgments, settlements, and fines arising from negligence suits, shareholder actions, and other business-related suits. - Often shortened to D & O liability insurance; D & O insurance.

employers'-liability insurance

1. An agreement to indemnify an employer against an employee's claim not covered under the workers'-compensation system. 2. An agreement to indemnify against liability imposed on an employer for an employee's negligence that injures a third party.

employment practices liability insurance.

Insurance that provides coverage forclaims arising from an insured's injury-causing employment practice, such as discrimination, defamation, or sexual harassment. -Abbr. EPL insurance.

employment-practices-liability insurance.

See INSURANCE.

liability insurance

An agreement to cover a loss resulting from one's liability to a third party, such as a loss incurred by a driver who injures a pedestrian.( The insured's claim under the policy arises once the insured's liability to a third party has been asserted. -Also termed third party insurance; public-liability insurance.

products-liability insurance