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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

Hacker insurance

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

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Per-service deductible

Understand the meaning and definition of Per-service deductible in the context of stock market, trading, and investments.

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Vandalism

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

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Res ipsa loquitur

Understand the meaning and definition of Res ipsa loquitur in the context of stock market, trading, and investments.

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Guaranteed Term

Understand the meaning and definition of Guaranteed Term in the context of stock market, trading, and investments.

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Replacement

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

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