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Insurance

Completed operations coverage

Liability insurance covers the cost of any bodily injury or property damage caused by a completed project or job. This is a crucial protection for businesses that offer services, as it shields them from potential liability claims. Without this coverage, businesses could face significant financial losses if a client sues them for damages. It is important for businesses to carefully consider their liability insurance needs to ensure they are adequately protected.

Related terms

Long-term care

Understand the meaning and definition of Long-term care in the context of stock market, trading, and investments.

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Inflation guard clause

Understand the meaning and definition of Inflation guard clause in the context of stock market, trading, and investments.

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Ocean marine insurance

Understand the meaning and definition of Ocean marine insurance in the context of stock market, trading, and investments.

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Adjustable Life Insurance

Understand the meaning and definition of Adjustable Life Insurance in the context of stock market, trading, and investments.

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Lifetime maximum

Understand the meaning and definition of Lifetime maximum in the context of stock market, trading, and investments.

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Non-admitted insurer

Understand the meaning and definition of Non-admitted insurer in the context of stock market, trading, and investments.

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