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  2. Legal liability - Wikipedia

    en.wikipedia.org/wiki/Legal_liability

    Legal liability. In law, liable means "responsible or answerable in law; legally obligated". [1] Legal liability concerns both civil law and criminal law and can arise from various areas of law, such as contracts, torts, taxes, or fines given by government agencies. The claimant is the one who seeks to establish, or prove, liability.

  3. Liability insurance - Wikipedia

    en.wikipedia.org/wiki/Liability_insurance

    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 .

  4. Product liability - Wikipedia

    en.wikipedia.org/wiki/Product_liability

    Product liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause. Although the word "product" has broad connotations, product liability as an area of law is traditionally limited to products in the form ...

  5. Does your homeowners insurance go up after a claim? - AOL

    www.aol.com/finance/does-homeowners-insurance...

    With a liability claim, there is a chance that you could face a lawsuit. Legal fees and court settlements can be very expensive, which means there is added risk for you and your insurance company.

  6. Public liability - Wikipedia

    en.wikipedia.org/wiki/Public_liability

    Public liability. Public liability is part of the law of tort which focuses on civil wrongs. An applicant (the injured party) usually sues the respondent (the owner or occupier) under common law based on negligence and/or damages. Claims are usually successful when it can be shown that the owner/occupier was responsible for an injury, therefore ...

  7. Professional liability insurance - Wikipedia

    en.wikipedia.org/wiki/Professional_liability...

    Professional liability insurance. Professional liability insurance ( PLI ), also called professional indemnity insurance ( PII) but more commonly known as errors & omissions ( E&O) in the US, is a form of liability insurance which helps protect professional advising, consulting, and service-providing individuals and companies from bearing the ...

  8. What is an insurance claim and when should you file one? - AOL

    www.aol.com/finance/insurance-claim-file-one...

    An auto insurance claim is essentially your way of notifying your insurance provider that you’ll need to use your policy to cover expenses after your car is damaged in a covered incident. The ...

  9. Understanding Medicare Reimbursement & Claims - Healthline

    www.healthline.com/health/medicare/medicare...

    The takeaway. Original Medicare pays for the majority (80 percent) of your Part A and Part B covered expenses if you visit a participating provider who accepts assignment. They will also accept ...

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