Public Liability Insurance: What Is It?

Public liability insurance is a type of insurance which pays for financial damages in behalf of the policy holder to a 3rd party in case of death, disease, or injury. It also pays for losses or injuries caused to a 3rd party's property while in the course of doing business. It provides for financial cover for legal and other expenses which the policyholder may incur in the defense against court cases filed by the aggrieved 3rd party.

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