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casualty insurance

noun

Definitions of casualty insurance

  • an agreement to indemnify (=to protect another party against possible damage or loss by paying an indemnity to cover the costs) against loss resulting from a broad group of causes, including legal liability, theft, accident and workers’ compensation

    "Mr Spitzer said that the promise to adopt new businesses practices would improve the US market for property and casualty insurance."

Phrase Bank for casualty insurance

Additional Notes for casualty insurance