UK: A US term most associated with general liability but also embraces such diverse forms as plate glass, crime, boiler and machinery, surety bonds and aviation insurance. The term distinguishes these forms of insurance from those written in the US property insurance sector.
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Generic term for Insurance that is primarily concerned with (a) legal liability for injury to persons or damage to property of others or (b) U.S. term for non-life insurance other than fire, marine or surety business. (c) property damage caused by a casualty, such as a boiler explosion. Refer: “Casualty.”
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US: Insurance concerned with the insider’s legal liability for injuries to others or damage to other persons’ property; also encompasses such forms of insurance as plate glass, burglary, robbery and workers’ compensation.
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Insurance that is primarily concerned with the losses caused by injuries to persons and legal liability imposed on the insured for such injury or for damage to property of others.
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MEDICAL,USA: Type of insurance that covers loss or liability caused by an accident that includes injury to persons or damage to the property of others. It includes automobile liability insurance, aviation insurance, burglary and theft insurance, employees’ liability insurance, bonding or forgery insurance, personal liability insurance, plate glass insurance, power plant insurance, public liability insurance, and workers’ compensation. Also referred to as property/casualty insurance.