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Casualty insurance policies are written to cover losses that are the direct result of an unforeseen accident(s). It may include Auto liability insurance for car accidents, Marine insurance for shipwrecks or losses at sea, and etc. Life, health and property insurance are typically excluded from the definition. Loosely used to describe an area of insurance not particularly or directly concerned with life insurance, fire insurance or automobile insurance. Most frequently it refers to liability, crime and plate glass insurance but may include surety as well.
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Last Updated ( Monday, 11 August 2008 )
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Why are solution driven strategic insurance programs so critical to your success?
Integrating property, casualty, financial and professional lines of insurance together as the key to assuring solution effectiveness—and enabling ownership to make timely, well-informed decisions for their business