liability insurance

• Eine Versicherung, die eine Person oder ein Unternehmen gegen Ansprüche Dritter aus Personen- oder Sachschäden absichert und dabei Gerichtskosten sowie Schadenersatzleistungen übernimmt, für die der Versicherte rechtlich haftet.

A type of insurance coverage that protects an individual or business against claims resulting from injuries, accidents, or damage to other people or property, covering legal costs and payouts for which the insured is found legally responsible.

1. Financial protection against claimsB2formal

   A type of insurance that protects an individual or organization from financial loss due to claims of injury, damage, or negligence made by a third party.

   Finanzielle Absicherung gegen Ansprüche

   • The company purchased liability insurance to cover potential lawsuits from customers.
   • Liability insurance is mandatory for most businesses to operate legally.
   • His liability insurance covered the costs of the accident settlement.