Any type of insurance policy that protects an individual or business from the risk that they may be sued and held legally liable for something such as malpractice, injury or negligence.
Protects your business against claims and related expenses resulting from allegations of negligence. It provides coverage if an individual or another business claims your company or your employee was negligent and responsible for bodily injuries, property damage, financial loss, personal injury or advertising injury. Liability insurance can pay not only the covered damage amount, but also for your legal defense expenses.
