Public Liability Insurance
/ˈpʌblɪk laɪəˈbɪləti ɪnˈʃʊərəns/
Definitions
- (n.) Insurance that protects an individual or business against claims of injury or property damage caused to third parties during the course of business activities.
The company purchased public liability insurance to cover potential claims from customers injured on its premises.
Forms
- public liability insurance
- public liability insurances
Related terms
See also
Commentary
Often essential for businesses, public liability insurance specifically covers claims by third parties for bodily injury or property damage but typically excludes employee injuries or contractual liabilities.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.