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A particular threat or cause of loss covered by an insurance coverage, such as a fire, windstorm, flood, or theft. A named-peril policy covers the insurance policy holder just for the dangers called in the policy in contrast to an all-risk policy, which covers all causes of loss other than those particularly omitted - How much does health insurance cost.
Liability insurance secures your company from claims-- both the legal expenses and the settlement or judgment expenses, if any. General liability covers injuries and damages that happen in the course of working. Casualty insurance focuses on injuries on your organization facilities and criminal activities against it. Property insurance coverage covers losses to your land, buildings, and personal belongings, and it is in some cases integrated with casualty insurance coverage. "General" liability insurance coverage sounds as if it covers everything you might be taken legal action against for, but it usually covers injuries and damages triggered by you and your employees. General service liability policies normally include mistakes that cause injuries on your residential or commercial property. https://openclassrooms.com/en/members/7zr1zj283zq6 |
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