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Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the “insured”) from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
Art, Insurer duties & Types
Explore the main themes, entities and connections around Liability insurance. Start with the topic map, then use the sections below for research and deeper semantic analysis.
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insurance liability policy insured insurer policies coverage defend claims duty may claim also limits defense compensation risk covered general potential
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Liability insurance | is a | compulsory form of insurance for those at risk of being sued by third parties for negligence | 0.90 | text |
| Liability insurance | is a | kind of coverage that provides an individual with protection against a variety of claims | 0.90 | text |
| the US | instance of | which is low compared to the common law countries | 0.80 | text |
| the UK | instance of | which is low compared to the common law countries | 0.80 | text |
| Australia.Japan | instance of | which is low compared to the common law countries | 0.80 | text |
| Australia are the largest markets in the Asia Pacific region | instance of | which is low compared to the common law countries | 0.80 | text |
| with commercial liability premiums of US | instance of | which is low compared to the common law countries | 0.80 | text |
| the EC Directive on Product Liability | instance of | but legislation | 0.80 | text |
| those involving Mercedes-Benz for unstable vehicles | instance of | The scale of potential liability is illustrated by cases | 0.80 | text |
| Perrier for benzene contamination | instance of | The scale of potential liability is illustrated by cases | 0.80 | text |
| but the full list covers pharmaceuticals | instance of | The scale of potential liability is illustrated by cases | 0.80 | text |
| medical devices | instance of | The scale of potential liability is illustrated by cases | 0.80 | text |
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